In accordance with NOW Token’s whitepaper, ChangeNOW conducts the first NOW Token Burn. Quarterly burns will be happening until the total supply (of both ERC20 and BEP2 NOW Tokens) has reached 100,000,000.
Here are some details on what tokens will be burnt:
- ChangeNOW will burn only NOW Tokens received for its services. Specifically, they are NOW Tokens obtained during Asset Listing Campaign.
- NOW Tokens will be burnt in their corresponding native network (ERC20 or BEP20)
- Each burn will be explicitly announced on our social media pages and a dedicated page on ChangeNOW’s website.
- As for the current burn (Oct. 4, 2019), we have burnt 90166.1338 NOW Tokens. You can see the transaction hashes here:
As always, ChangeNOW is sticking to its roadmap and happy for the support that you are showing. Take care!