The 3rd IRIS Token Burn is Completed & Token Burning Plan Continues in 2020

On December 31st, 2019, the IRIS Foundation completed the 3rd IRIS token burn under a one-year token burning plan with 15,029,472 IRIS burned. The current total supply is 2 billion IRIS.

IRIS Foundation announces to continue the plan in 2020 and keeps the actual inflation rate as 0 to continuously support IRISnet ecosystem development.

This burning involved two addresses, namely:

The address of delegated rewards of eco-development funds

CE4295A58FA380E3E10E71E81ED2EBE27681203609F5B2046A20451DA2104ECF

8,591,212 IRIS has been burnt.

The main address of eco-development funds:

AE218BF5B01E68688B88418F4CEAE2BC1611F9376A63FF177CECF25D63CF168C

6,438,260 IRIS has been burnt.

Before burning:

Total Supply: 2,015,029,472 IRIS

The First Burn: 8,591,212 IRIS

The Second Burn: 6,438,260 IRIS

After burning:

Total supply: 2,000,000,000 IRIS

Relevant information

Announcement: the 2nd IRIS Token Burn Complete

Announcement: 1st IRIS Token Burn Complete

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