YearnAgnostic (YFIAG) Incremental Token Burn
Now that the pre-sale has ended, we are happy to inform our community that we are embarking on our promise of incremental token burn of all unsold tokens.
The team and its advisory board have decided to burn all the 270,000 of unsold tokens. Today, 50,000 YFIAG tokens have been burned from the unsold tokens while the remaining 220,000 have been locked for 181 days. The process of incremental burning of YFIAG tokens will take place at every six Months interval. Therefore, our next token burn will happen on June 4th 2021.
Information about token burn:
Etherscan Transaction Hash of token burn: https://etherscan.io/tx/0x2657661d8012674a111f37ecd7c929103f3c136170504588c588b996990f5f52
Turn burn transaction screenshot:
Information about token locked:
Etherscan Transaction Hash of token locked:
Link for token locked: https://team.finance/view-all-coins
This process will immediately limit the total supply of YFIAG in the market which would potentially contribute to an increase in token price.
We sincerely appreciate our community, and thank you for your continuous support.