Bifrost(BFC) Token burn 1,600,000,000 BFC ($384,000,000)

Applicable Date

2022-02-09

Announcement Type

Reporting results

Purpose of token burn

BIFROST's expansion to a network will change the way in which BFC operates, with BFC storing both value and voting power in the DPoS system. To that end, we have burned a total of 1,600,000,000 of BFC (40% of initial total supply) today, on February 10, 2022 at 2:00 AM (UTC).

BFC Burn Transaction:
https://etherscan.io/address/0x000000000000000000000000000000000000dEaD

Details

Token: BFC

Burn Amount (Tokens): 1,600,000,000

Value in USD: $384,000,000.00

Other relevant information

• Status: Success
• Timestamp: Feb-10-2022 03:31:38 AM +UTC ~ Feb-10-2022 03:46:39 AM +UTC
  
• #1: 103,584,074 BFC
  Tx Hash:
  0xa598563553d5dfb3971b61756ed4c73c77186c19124bb1bddbd8009c791998d5
  Block Height: 14175964
• #2: 450M BFC
  Tx Hash:
  0xf628af46c7a191e999d29d68e303c2728e582875d49dd1452acab03968e05178
  Block Height: 14175968
• #3: 456,415,926 BFC
  Tx Hash:
  0x5539b4355955a9410a81546f89ad75537a91ea84272b3d4b283edf3d55af80b6
  Block Height: 14175976
• #4: 140M BFC
  Tx Hash:
  0xe5b0993e4a867fa09abfe02a82ab562eca13a04a4e41f78153c60489b2ffea95
  Block Height : 14176027
• #5: 450M BFC
  Tx Hash:
  0x98ac641f0f4f905ffbe1cf55686aaa5a6d2326fc77250b6d4042704d0e3252e1
  Block Height: 14176033