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FaraLand(FARA) Token Burn
After almost 2 years of locking the Team’s Token, we have decided to show our dedication to a long-term journey. Thus, starting this month, we will burn all Foundation & Team Token, details are as follow:
- + Total to be burned: $FARA 28,900,000
- + Upcoming burn of $FARA in January 2023: $FARA 2,924,069
- + $FARA burned monthly (starting from February 2023): $FARA 2,000,000
We believe that this is the best way to ensure the long-term success of the project and to align the interests of all stakeholders.
From now on, there will no longer be monthly burns of market fees. Instead, the project will be maintained through market fees. This action is intended to show our dedication to decentralization and to give the community a stronger stake in the project. In addition to this, we want to assure you that the project is well-funded and will be able to operate for the next 4-5 years.
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ETC reduction countdown
ETC reduction is expected to be completed on June 16, 2024
TokenomicsApprovazione: 88%
Token Unlock
dydx will unlock 33.33 million $DYDX on 1th June, constituting approximately 11.91% of the currently circulating supply.
TokenomicsApprovazione: 93%Token Unlock
1inch will unlock 98.74 million $1INCH on 1th June, constituting approximately 8.52% of the currently circulating supply.
TokenomicsApprovazione: 95%
Token Unlock
Tornado Cash will unlock 91.67k $TORN on 31th May, constituting approximately 2.41% of the currently circulating supply.
TokenomicsApprovazione: 83%Token Unlock
Echelon Prime will unlock 1.66 million $PRIME on 31th May, constituting approximately 4.23% of the currently circulating supply.
TokenomicsApprovazione: 95%Token Unlock
Optimism will unlock 31.34 million $OP on 31th May, constituting approximately 2.88% of the currently circulating supply.
TokenomicsApprovazione: 90%