Torum Token Burning Report — March 2024

Torum
torum.official
Published in
1 min readMar 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 10,252.1 $XTM have been successfully burnt and removed from the circulating supply of $XTM for the month of March.

A total of 2,393,524.318 $XTM have been burned so far!

Proof of Burn

https://bscscan.com/tx/0x2a08a846300e60f632fd8bf67a1f7b721feaf601e556a9fdd3f47b1af470ec97

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

Source №1

  1. Gathered from: Torum Gift Mechanism (from 26th February to 25th March).
  2. Amount gathered: 1,776.06 $XTM.

Source №2

  1. Gathered from: Accounts that were banned (from 26th February to 25th March).
  2. Amount gathered: 8,476.04 $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 (10,252.1 $XTM sent):
https://bscscan.com/tx/0x68f937f5a59284b0f3e996750ba8ddb38f4d17fd43697d3b29b79e9538f61e4c

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 | Medium | Facebook | LinkedIn

--

--

Torum
torum.official

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