IRISnet
IRISnet
Jun 28 · 2 min read

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 details of burning can be checked from IRISplorer:

And the latest token total supply and circulation can be checked from CoinMarketCap.

Before burning:

After burning:

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/

Forum: https://forum.irisnet.org

WeChat: irisnet work

Telegram English: https://t.me/irisnetwork

Telegram Chinese: https://t.me/irisnetwork

Twitter: https://twitter.com/irisnetwork

Medium: https://medium.com/irisnet-blog

IRISnet Blog

IRISnet is an inter-chain service Infrastructure and protocol supporting distributed business aplications.

Thanks to Harriet

IRISnet

Written by

IRISnet

IRISnet is a service infrastructure and protocol built on top of Cosmos that facilitates construction of distributed business applications.

IRISnet Blog

IRISnet is an inter-chain service Infrastructure and protocol supporting distributed business aplications.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade