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Azbit News

Weekly AZ Burn #10

Dear friends,
The 10th weekly AZ token burn has been completed as scheduled.

This time, 11,456,330 AZ were turned to ashes. The total supply of AZ tokens has decreased from 138,888,888,888 to 69,542,215,209.9, which is 50.0704 % of the initial supply.

Token burn is carried out to support the price of the existing AZ. The team will eliminate tokens from circulation on a weekly basis until the number of AZ is reduced to 138,888,888 (i.e. 0.1% of the initial supply).

The next AZ burn is scheduled for December 5, 2022.

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