Weekly News Digest. 3/19/23

Azbit
Azbit News
Published in
1 min readMar 19

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Dear friends,
This is the 25th weekly news digest and we continue to keep you up to date with the latest project news.

  • The “Convert small balances” option has been added to the “Wallets” section in your personal area on azbit.com. You can now easily convert small balances left in your account wallet to AZ tokens. Please note that the value of the leftover needs to be under $1 to qualify as a “small balance”. The selected assets will be converted to AZ according to the current market price.
  • Azbit has completed its 25th weekly burn of 22,083,990 AZ.The total supply of AZ tokens has decreased from 138,888,888,888 to 69,371,393,379.9, which is 49.947% of the initial supply.
    As we have already announced, the weekly amount of tokens burned has been increased significantly. The procedure is aimed at reducing the number of AZ circulating on the market in order to support the price.

More great news coming soon!

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Azbit
Azbit News

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