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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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401.11MM Token Unlock
Sign unlocks approximately 20.78% of its released supply at 10 AM UTC.
TokenomicsApproval: 92%
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21.9MM Token Unlock
Undeads Games unlocks approximately 13.47% of its released supply at 12 AM UTC.
TokenomicsApproval: 87% -
85.37MM Token Unlock
Limitless unlocks approximately 64.99% of its released supply at 12 PM UTC.
TokenomicsApproval: 80% -
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618.33MM Token Unlock
DeBridge unlocks approximately 12.9% of its released supply at 12 AM UTC.
TokenomicsApproval: 96%
