🔥BUTTZ Token Burns
Here are reported all burn TX
With the purpose of dilute the total supply, we already completed some token burns. Additional burns are already planned and will happen recursively. Here's the list of burns, that will be updated every time a burn will happen.
Burn Transactions
| Burn TXID | Token Amount |
|---|---|
14,818,750,000,000 | |
181,249,980,000 | |
750,000,000,000 | |
693,750,000,000 | |
641,710,000,000 | |
593,580,000,0000 | |
549,070,000,000 | |
2,180,000,000,000 | |
507,890,000,000 | |
469,790,000,000 | |
434,560,000,000 |
Funds are held in a dedicated burn address: https://solscan.io/account/BRNepaqodoSxPtCUMPTJDQSyF5RNZ3oPUza4oBn8U9p5 Every week we will plan to recursively burn the 7.5% of the amount hold from the dedicated burn address stated above. Following we tracked a projection of first 8 weeks of recursive burning @ 7.5% burn ratio.
| Done | Starting balance | Burn ratio | After burn | $BUTTZ burned | Supply burned % | |
|---|---|---|---|---|---|---|
06/02/23 | 10T | 7.50% | 9,250T | 750B | 0,90% | |
13/02/23 | 9,250T | 7.50% | 8,556T | 693,75B | 0,84% | |
20/02/23 | 8,556T | 7.50% | 7,914T | 641,71B | 0,77% | |
27/02/23 | 7,914T | 7.50% | 7,320T | 593,58B | 0,72% | |
06/03/23 | 7,320T | 7.50% | 6,771T | 549,07B | 0,67% | |
13/03/23 | 6,771T | 7.50% | 6,263T | 507,89B | 0,62% | |
20/03/23 | 6,263T | 7.50% | 5,794T | 469,79B | 0,57% | |
27/03/23 | 5,794 | 7.50% | 5,359T | 434,56B | 0,53% |
The team reserve rights to perform additional $BUTTZ burn from residual balance from other address, or incentivize users to burn with specific marketing campaign.
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