The first burning event has just happened!
We have just permanently removed 31 238 197 CARBO from circulation, marking the beginning of our Burning Program and delivering the next important item in our roadmap. The current value of burned tokens is approximately equal to 2 million dollars!
Link to the transaction
The tokens came from the unsold pool of CARBO from our first presale, which, by the community voting, was decided to be burned after we launched on PancakeSwap.
Even though the burning events may not reflect their importance in the immediate change of the token price, these events are significant. They remind everyone that CARBO is deflationary by design, and every month there will be fewer tokens in circulation.
Over a more extended period, these events show the project’s actual value and the significance of being in the project early and holding the tokens.