Torum Token Burning Report — February 2024

Torum
torum.official
Published in
1 min readFeb 28, 2024

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

Token Burning

A total of 10,938.926 $XTM have been successfully burnt and removed from the circulating supply of $XTM for the month of February.

A total of 1,759,477.06 $XTM have been burned so far!

Proof of Burn

https://bscscan.com/tx/0xfaafb3d5fdd38eae805be8ea31295d3d9399ff837f40747c8408647a87880117

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

Source №1

  1. Gathered from: Torum Gift Mechanism (from 26th January to 25th February).
  2. Amount gathered: 1,909.546 $XTM.

Source №2

  1. Gathered from: Accounts that were banned (from 26th January to 25th February).
  2. Amount gathered: 9,029.38 $XTM

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

10,938.926 $XTM sent to the wallet used by the team to burn tokens.

Out: Transaction №1 (10,938.926 $XTM sent):
https://bscscan.com/tx/0xb8f46591a8cb8fdb42dc7ce9ce09f63310259f6a13bf19b9d4bf53ce839be438

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.

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Torum
torum.official

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