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Areon Network(AREA) Token Burn
Areon Network🔥 $AREA Burn 🔥
Since the launch of mainnet 300,232 $AREA were burned for validator fees.
TX ID: https://areonscan.com/transactions/0xc6a4bcd1aaa6f95537aef42cafaa90e9b983c4a3695fcccfd516403eafa27b87…
Additionally, Areon team burns an extra 1 Million $AREA from the circulation within 3 days in total to support the deflationary approach.
Blocks in #AreonChain burn a fixed ratio of the transaction fees periodically on the last day of each quarter. The ratio is adjustable through governance.
The next scheduled burning is on 31 March 2024. With this strategy, Areon will reach a Max Supply of 100M in 10 years.
More : https://docs.areon.network/tokenomics#our-deflationary-approach
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ETC reduction countdown
ETC reduction is expected to be completed on June 16, 2024
tokenómicaApproval: 88%
Token Unlock
SPACE ID will unlock 18.49 million $ID on 22th May, constituting approximately 4.29% of the currently circulating supply.
tokenómicaApproval: 92%Token Unlock
Avalanche will unlock 9.54 million $AVAX on 22th May, constituting approximately 2.49% of the currently circulating supply.
tokenómicaApproval: 90%
