$WELSH Burn Event is Coming…

Welshcorgicoin
Welshcorgicoin Blog
2 min readJan 3, 2022

Hello World! Prior to the launch of the WELSH token, we would like to introduce our plan to create the value of $WELSH in the future. Traders are very attracted to the low token circulation when analyzing a project. We are aware of these community needs, and we’re very excited to share with our community the burn events!

The burn event is planned to have three major phases. The exact date and time of the event will be determined with the achievement of big milestones in the WELSH community. As we introduced in the TGE related article earlier, we allocated 50% of the total supply to community treasury, 30% of which will be used for burn events, making them more special and meaningful. Please stay tuned for the upcoming first burn event.

Also, there is currently no exact distribution plan for WELSH token vesting (especially the 5% team allocation). When the token-vesting contract being developed is released, tokens will be protected under the contract. Until then, you can rest assured that we will not plan to access those tokens. In addition, the marketing volume for liquidity provided in Arkadiko Swap is also locked up through the vesting contract. We will be very transparent and there will be no rug pulls.

In addition to the upcoming burn event, please look forward to future benefits for Happy Welsh NFT holders. All revenue generated from the WELSH community will go to Happy Welsh NFT holders, and we are preparing a lot for this. If you don’t yet have a Bitcoin-secured Happy Welsh, go ahead and adopt one quickly through the NFT Marketplace!

https://twitter.com/welshcorgi_coin/status/1477924056821547014

Follow Welshcorgicoin official channels for upcoming updates.

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Welshcorgicoin
Welshcorgicoin Blog

Welshcorgicoin ($WELSH) is Stacks’ cutest ambassador. It’s community-owned and fun!