June ALTM burn completed

June ALTM burn completed

03 Jun, 2020 286 Miscellaneous
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We have completed another monthly burn of ALTM in accordance with our buyback scheme outlined here,

This burn is a total of how much the circulating supply has been added to the network via POS between blocks 333923 - 364480 a total of 157,785 ALTM we have also included the agreed 5% additional to this amount but this month we have also included an additonal burn of 100,000 ALTM from voting.

Total ALTM burnt this month, 257,785 HERE

This means the total ALTM now that has been burnt is a total of 43.63% of the circulating supply (21,192,378).