72 000 000, 8.1% of total supply, 7 rounds - our first token burn was definitely something!
Well, after all it was a necessity to keep the token’s supply and economy stable and to send a signal to everyone involved: we’re here for the long run.
That’s why, burning this whole chunk of supply brought us many advantages, including encouraging a few new investors to discover GHX as well as our platform.
The whole process was conducted using a method called eater address meaning the tokens have been sent to an address from which they cannot be sent or withdrawn. IT was fully transparent and every member of the community can check the details of it right here!
For more details, here’s our Medium article that covers the whole topic: