Today is the day of the STRANGE Burn as promised!
Since the inception of the project, STRANGE Tokens were distributed to over 5,000 BitShares DEX Users, including participants and 1 winner of the STRANGE Token Design Contest and was used as a BitShares DEX sign-up incentive!
The UIA was created with a MAXIMUM SUPPLY of 10,000,000 STRANGE, which at this time 1,139,370 STRANGE tokens are in circulation.
The remaining tokens set aside for distribution and the Reserve of have been burned as stated.
Today is the day!
I went to burn the 7,000,000 STRANGE, but hit a snag, I had to issue it to myself before I could burn it. It took me a moment to realize that so, I burned what I had, but realized what happened and then issued myself the tokens to be burned as shown.
This burn brings the total supply of STRANGE down from 10,000,000 to only 3,000,000!
The remaining 1,860,630 STRANGE tokens on hand were left over from the BitShares DEX Sign Up Incentive (for new accounts) that had to be suspended indefinitely. These tokens will now take the place of “Reserved Tokens” that may be used for, if necessary, other promotional endeavors, including but not limited to: additional sign-up incentives, additional STRANGE token contest, other advertising efforts, etc.
Stay tuned.
Stay interesting.
Stay Strange.
Created by Michael Paine
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