Nov 16, 2020
1 min read
Azbit Executes 40th Weekly Burn
Azbit has now completed another weekly burn of 22,093,847.41 AZ.
The team is limiting the supply of AZ to support the price of existing tokens. To date, the number of native coins eliminated from circulation reaches 13,680,933,942.77. The burning procedure will take place every week until 13,888,888,888 AZ remain on the market.
The next AZ burn is scheduled for November 23, 2020.
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