Torum Token Burning Report — January 2024

Torum
torum.official
Published in
1 min readJan 26, 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 13,088.705 $XTM have been successfully burnt and removed from the circulating supply of $XTM for the month of January.

A total of 1,748,538.14 $XTM have been burned so far!

Proof of Burn

https://bscscan.com/tx/0x497a719e27fb881733df90ca59ff58b37fd2eb855061cea34eb1034a44c19242

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

Source №1

  1. Gathered from: Torum Gift Mechanism (from 26th December to 25th January).
  2. Amount gathered: 5290.165 $XTM.

Source №2

  1. Gathered from: Accounts that were banned (from 26th December to 25th January).
  2. Amount gathered: 7,789.54 $XTM

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

13,088.705 $XTM sent to the wallet used by the team to burn tokens.

Out: Transaction №1 (13,088.705 $XTM sent):
https://bscscan.com/tx/0x2b2860358edbdfd44aa02fa28ebb221e081b37c845dbf976c65a450642c50ecc

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.