30th BURN 320,855,957 KOM
Last updated
Last updated
As we venture into the second quarter of 2024, we present our March 2024 monthly report. This issue highlights the significant milestones achieved, as detailed in our recent update. It focuses on pivotal initiatives like Social Engagement Burning, DxLock immolation, and an overview of KOM liquidity across various exchanges.
We’ve burned a grand total of 320,855,957 KOM for the 30th Token Burn, or Approximately 2,053,478 USDT at the time. This includes both our Social Engagement Burning and DxLock Burning. Let’s delve into our Social Engagement Burn as well as DxLock Burn.
🔥 Kommunitas marked a key moment in its journey with the 30th Token Burn, where 320,855,957 $KOM tokens, worth about 2,053,478 USDT, were burned.
💸 320,855,957 $KOM just taken out of supply forever, valued at more than $2M dollars at the time of this burn.
📝 This event is part of a series of strategic moves involving both Social Engagement and DxLock Burning. In this report, we'll dive into the details of these burns and their impacts on the token's supply.
💫 We'll also cover the variety of community activities that have driven this substantial burn. Join us as we explore Kommunitas approach to maintaining a sustainable and engaging token economy in this detailed March 2024 update.
In 2021 we burned 1,218,336,243 $KOM in total. In 2022 we burned 20,742,129,081 $KOM in total. In 2023 we burned 7,012,548,243 $KOM in total. So far in 2024 we burned 926,986,432 $KOM in total.
🚀 This is part of our ongoing commitment to the deflationary mechanics of Kommunitas ecosystem. And we don't plan to stop!
📖 Dive into the full story with our latest update. Find out more here: https://medium.com/@kommunitas/kommunitas-march-2024-monthly-report-7cd0cc382f8b
➡️ Proof of Social Engagement Burning: https://polygonscan.com/tx/0x9cf598c711c7063b85a2ec7874711a6929a27c62327db1e159aa2802d8b2aadb
➡️ Proof of DxLock Burning: https://polygonscan.com/tx/0x2f147063eab6b84773004ced4fd466a377361e14acfc4a004811299ec78623e4
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