In a strategic move to enhance the value and stability of the SNN token, the team has announced a significant token burn event. A total of 7% of the existing SNN token supply will be burned, effectively reducing the overall circulation and aiming to increase the token’s scarcity and potential value for holders.
Percentage of Supply: 7%
Purpose: To enhance token value and reduce supply
Date of Burn: July 14 2024
The SNN team is committed to transparency and continuous improvement. Future plans include additional development on the SNN platform, new partnerships, and potential further token burns as deemed necessary by the community and market conditions, You can check tokenomic for more information.
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