1,350,000,000 WRC20-RVX Tokens Burned 🔥🔥🔥
A once-off burn of 1,350,000,000 WRC20-RVX which accounts for 33.75% of the Total Supply has taken place!
As promised — A detailed explanation of the 1,350,000,000 RVX burn!
Key points
- Private sales — Collection → Sending → Burning 150,000,000 RVX (0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB)
- DeFi Initiatives — Minting → Burning 1,200,000,000 RVX (0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB)
- Total Burn — 1,350,000,000 RVX 🔥
The process is as follows:
Private Sales Burn
COLLECTION of the 150,000,000 RVX tokens locked from the private sale contract 0xBc310f4D7Ab54040BD8b0b066104620770783EE6 to owner 0x3e651767f098f2B0a0b6F98843AEF86a15393dB5
The transaction can be seen here
SENDING the 150,000,000 RVX tokens from the private sale contract owner 0x3e651767f098f2B0a0b6F98843AEF86a15393dB5 to the RVX token contract owner 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB
The transaction can be seen here
BURNING of the 150,000,000 RVX tokens from the RVX token contract owner 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB
As we can see from the screenshot below, the 150,000,000 RVX has been burned and no longer exists:
The transaction can be seen here
DeFi Initiatives Burn
MINTING of the 1,200,000,000 out of the 1,600,000,000 RVX tokens allocated for DeFi Initiatives from the RVX token contract owner 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB to 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB
The transaction can be seen here
BURNING of the 1,200,000,000 RVX tokens from the RVX token contract owner 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB
The transaction can be seen here
About RiveX
RiveX is a chain agnostic interoperable layer-2 solution across different blockchain protocols. RiveX aims to empower the next generation of decentralized applications, decentralized finance and enterprise solutions. RiveX has comprehensive interoperable DeFi solutions such as RX Wallet which aims to integrate DAPPS from different blockchain protocols to enable an interoperable DeFi ecosystem within RX Wallet itself. The first DAPP which RX Wallet has already integrated is WRDEX. Another core product powered by RiveX is the world’s first cross-chain DEX called WRDEX.
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