Crypterium Plans to Remove 30% Of the Total CRPT Token Supply Through Burning
There are many different ways to bring value to native cryptocurrencies today. Some projects focus on marketing, whereas others have a fixed supply or initiate token burns. Crypterium intends to burn 30% of the total CRPY supply, marking a significant milestone for the crypto bank. Token Burns Remain a Viable Option One of the most […]
Related News
Crypterium plans to burn 30% or over 30 million of CRPT total token supply in the next 24 months. This deflationary technique could impact the price of CRPT in the long run. Estonia-based Crypterim has announced its decision to speed up the burning rate of its platform token, CRPT. Despite the steady increase of CRPT’s […]
Crypterium, a popular cryptocurrency based fintech startup has achieved a new milestone by officially entering into a partnership with VISA. As a part of this partnership, the KPMG-awarded company has announced the launch of a new payment card – Crypterium Card VISA Edition. With the addition of Crypterium Card VISA Edition to its portfolio, Crypterium […]
Crypterium, a leading provider of crypto-focused cards has now introduced a new virtual card in partnership with Apple Pay. This is huge news for the cryptocurrency-based payments industry and a significant leap forward in digital asset adoption. Also this one of the many reasons why Crypterium was named one of the 50 “rising stars” by KPMG. Crypterium Brings Its Users A Crypto Virtual Card For Added Speed, Safety, Accessibility, And Security Crypterium recently announced the […]
The new BEP might decrease the total amount of BNB that validators and delegators obtain from staking. Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic value.According to a new Binance Evolution Protocol, BEP-95, BSC developers are considering introducing a real-time burning mechanism for a portion of gas fees to reduce BNB supply and drive BNB value higher by increasing the demand. According to the BEP, BNB holders will decide....
OVR launched its new Token Burning Program on 1 November to make its own tokens more rare and valuable. The results of this first month of November saw a total of 246 thousand OVR burned. OVR and the Numbers From the Token Burning Program’s First Month OVR’s updated token economics started on November 1, 2021, after the OVR team burned nearly 1 million of its tokens last May. By the end of last month, the platform had collected a total of 615,365 OVR from its sales of OVRLand NFTs, excluding GAS costs. As anticipated, the Token Burning Program foresees that 40% of the....