On January 14, 2023, we carried out the final month-to-month burn of HIT tokens. On this date we burned 13,244,571 HIT, valued at $1.8 million. The burn quantity was decided based mostly on HitBTC’s January 2023 monetary outcome, HIT present worth and market situations. Transaction hyperlink.
We’re switching to quarterly burns beginning February 2023. The subsequent token burn might be carried out in late April for Q1 2023. The quantity of burn might be adjusted for the variety of tokens burned on Feb 14 for January 2023.
