Token burning is a deflationary mechanism that helps to reduce the total supply of $JETTON and increase its value. In the long term, this has a positive impact on the market capitalization and price of the token.
βοΈ JETTON Burning Plans
1οΈβ£Burning of deposited tokens. Starting in April, all $JETTON tokens deposited on the platform will be burned at the end of each month.
2οΈβ£Burning 10% of the circulating supply of JETTON at the time of burning.
3οΈβ£Burning from locked pools. In Q2-Q3 2024, we plan to launch automatic monthly burning of up to 90% of token unlocks from fund pools.
4οΈβ£Burning of 15 million $JETTON on TON. In the same timeframe, we plan to launch $JETTON on the Ethereum blockchain. 15 million $JETTON will be burned on TON and issued on Ethereum.
If anything changes in our plans, we will be sure to let you know. Stay tuned!
Token burning is a deflationary mechanism that helps to reduce the total supply of $JETTON and increase its value. In the long term, this has a positive impact on the market capitalization and price of the token.
βοΈ JETTON Burning Plans
1οΈβ£Burning of deposited tokens. Starting in April, all $JETTON tokens deposited on the platform will be burned at the end of each month.
2οΈβ£Burning 10% of the circulating supply of JETTON at the time of burning.
3οΈβ£Burning from locked pools. In Q2-Q3 2024, we plan to launch automatic monthly burning of up to 90% of token unlocks from fund pools.
4οΈβ£Burning of 15 million $JETTON on TON. In the same timeframe, we plan to launch $JETTON on the Ethereum blockchain. 15 million $JETTON will be burned on TON and issued on Ethereum.
If anything changes in our plans, we will be sure to let you know. Stay tuned!
At this point, however, Durov had already been working on Telegram with his brother, and further planned a mobile-first social network with an explicit focus on anti-censorship. Later in April, he told TechCrunch that he had left Russia and had βno plans to go back,β saying that the nation was currently βincompatible with internet business at the moment.β He added later that he was looking for a country that matched his libertarian ideals to base his next startup. One thing that Telegram now offers to all users is the ability to βdisappearβ messages or set remote deletion deadlines. That enables users to have much more control over how long people can access what youβre sending them. Given that Russian law enforcement officials are reportedly (via Insider) stopping people in the street and demanding to read their text messages, this could be vital to protect individuals from reprisals. READ MORE "We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon." "For Telegram, accountability has always been a problem, which is why it was so popular even before the full-scale war with far-right extremists and terrorists from all over the world," she told AFP from her safe house outside the Ukrainian capital.
from jp