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Cryptocurrencies: 30360
Markets: 109411
Market Cap: $2,682,312,555,400     
24h Vol: $86,071,715,590
Cryptela — Cryptocurrency News and Market Intelligence
CoinDesk 2023-02-22 08:36:52

Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%

Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%
The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply.
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