Bitteam token

&#x1f535; The <a href="https://bit.team/" rel="noopener noreferrer nofollow">Bit.Team</a> irrevocably burns 20% of tokens in each company reporting period. The company&#39;s first report was in the middle of the third quarter (22 August 2022). The next fourth quarter report is scheduled for January 2023 and every four months thereafter.&#x1f535; In order to burn 20% of the tokens of the total supply, <a href="https://bit.team/" rel="noopener noreferrer nofollow">Bit.Team</a> must have them on its account. And since all tokens are already redeemed from the market and are held by users, the company to burn BTT must earn them from the services of its platforms or redeem the missing tokens from the market within 1 week before the burn date.&#x1f535; If the company has more than 20% of tokens remaining at the token burning date, then marketing activities are launched to distribute the excess tokens to users as part of AirDrop.

Answering your questions about BTT token burning

BITTEAM

Other articles published on Nov 22, 2022

Congratulations to Haunted Space's Newest Closed Beta!

LasMeta x Dao Maker $10.000 Airdrop Rehber (Turkish Guide)

AAG Partners Simplex to Integrate Convenient Fiat On-Ramps to MetaOne Wallet

Apparel Giant Nike Introduces ".SWOOSH" Platform For Web3 Projects

TopGoal Launch a Joint Project in Web3 Space alongside Binance

TopGoal Launch a Joint Project in Web3 Space alongside Binance

Join our free newsletter for daily crypto updates!