92424664154.355837 TRX ERC20 tokens were burnt by TRON Foundation
Following the official launch of TRON’s public blockchain mainnet on June 25, 2018(UTC+8), the TRON Foundation has been actively pushing the mainnet upgrade and the token migration. Currently, we have about 20 exchanges and wallets that have completed the token migration, including OKEx, Cobo Wallet, Huobipro, Binance, Bitfinex, Coinnest, Bit-Z, Cryptopia, HitBTC, Koinex, and MAX. These exchanges have also resumed their recharge and withdrawal services and recycled their ERC20 Tokens for TRON to process. In terms of the recycling progress, the TRON Foundation has burned 3 batches of ERC20 Tokens.
First batch: 2018–06–30 12:06:09 PM +UTC
ERC20 Coin Burn of 49,490,749,752.120578 TRX, transaction record:
Second batch: 2018–07–13 05:00:24 AM +UTC
ERC20 Coin Burn of 8,277,069,772.160253 TRX, transaction record:
Third batch: 2018–07–17 03:53:52 AM +UTC
ERC20 Coin Burn of 404,956,275.175006 TRX, transaction record:
With the 34.2 billion TRX burned and locked by the TRON Foundation previously, there are a total of 92424664154.355837 ERC20 Tokens burnt, accounting for 92.42% of the issued total, 100 billion TRX.
Currently, the TRON Mainnet is functioning stably with 340 global nodes and a block height of 639225, with less than 20 days into the mainnet launch.
As of 15:00, July 17, 2018, SGT, the token migration is still taking place in a quick and orderly fashion. The TRON Foundation will make timely announcements as the coin burn goes. We hereby call on all supporters and believers to witness and supervise this process with us.