Dec 7, 2020
1 min read
Azbit Executes 43rd Weekly Burn
Azbit has carried out another weekly burn to support the price of the native coin. This time, 33,092,874.16 AZ from the project’s net profit were taken out of the market.
Token burn will take place every week until 125,000,000,000 AZ coins (i.e. 90% of the initial supply) are permanently destroyed.
The next burn is scheduled for December 14, 2020.
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