Torum Token Burning Report — December 2023

Hello Landers! We’re thrilled to announce that Team Torum has successfully completed another round of $XTM token burning!

Token Burning

A total of 11,193.515 $XTM have been successfully burnt and removed from the circulating supply of $XTM for the month of December.

A total of 1,735,458.435 $XTM have been burned so far!

Proof of Burn

https://bscscan.com/tx/0xae052a802595e652e0001ce19efa071c91ecc2edd93f762b78c80afda318846e

Here is a brief explanation of the origin of all the $XTM:

Source №1

1. Gathered from: Torum Gift Mechanism (from 26th November to 25th December).
2. Amount gathered: 3,867.595 $XTM.

Source №2

1. Gathered from: Accounts that were banned (from 26th November to 25th December).
2. Amount gathered: 7,325.92 $XTM

Note: These accounts have been banned due to them breaking the rules of Torum.

11,193.515 $XTM sent to the wallet used by the team to burn tokens.

Out: Transaction №1 (11,193.515 $XTM sent):
https://bscscan.com/tx/0x0364b60ff7076ef16aceeae91b0392f75650a5795cda75b2e352da18b8987265

If there are any further questions, feel free to reach out to the team.

Stay tuned for the next update!

About Torum

Torum is a Web3-driven SocialFi ecosystem that is specially designed to connect cryptocurrency users.

We make connecting with cryptocurrency users and accessing Web3 data easier.

Website | Twitter | Telegram | Discord | Medium | Facebook | LinkedIn | Torum Avatar NFT