HIT token burn is now quarterly!

1 year ago 262

HitBTC Team

Feb 21, 2023 1 min read

HIT token pain  is present  quarterly!

On January 14, 2023, we conducted the past monthly pain of HIT tokens. On this day we burned 13,244,571 HIT, valued astatine $1.8 million. The pain magnitude was determined based connected HitBTC's January 2023 fiscal result, HIT existent terms and marketplace conditions. Transaction link.

We are switching to quarterly burns starting February 2023. The adjacent token pain volition beryllium conducted successful precocious April for Q1 2023. The magnitude of pain volition beryllium adjusted for the fig of tokens burned connected Feb 14 for January 2023.

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