On June 28, 2019, the IRIS Foundation completed the 1st IRIS token burn under a one-year token burning plan with 19,189,722 IRIS burned. The current total supply is 2 billion IRIS.
This burning involved two addresses, namely:
- The main address of eco-development funds: iaa14tynuu49qx85re9kjfcx0uukdazk8jedlmeqt0. 10,084,937 IRIS has been burned.
- The address of delegated rewards of eco-development funds: iaa1yfqfqspjktk7gvyf3paqys88edy8m9vwptm9lk. 9,104,785 IRIS has been burned.
The details of burning can be checked from IRISplorer:
- 922CE88161421A17688F87FCD7FA0D4ECF511E2895DDB0A4C088DE37E625E939
- 42D27EA4BFF0BEDD3FD8B7B50A2567F4E59EFCBC86383D7594822AC95844701D
Relevant information
IRIS Foundation Announced a One-year Token Burning Plan
On June 5, 2019, the IRIS Foundation announced a one-year token burning plan with the goal of encouraging continued support within the development of the IRISnet ecosystem. As the plan entails, the Foundation will burn IRIS tokens (amount adjusted for inflation) within the first year after launch. This dynamic order is intended to help maintain a fixed supply of 2 billion IRIS tokens after each token burn.
- the public token address of IRISnet:
Official Channels
Email: Service@irisnet.org
Official website: https://www.irisnet.org/
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Medium: https://medium.com/irisnet-blog
