AlienXChain officially announces a plan to burn 250 million AIX tokens, which accounts for 25% of the total supply.

2024-10-25 03:05:00

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Odaily Planet Daily News AlienXChain announced the Mainnet Token AIX BURN MOON destruction mechanism, which will burn a maximum of 250 million AIX tokens in the next 30 days, including all team shares, accounting for 25% of the total supply. BURN MOON Destruction Plan:

200,000,000 AIX coins are destroyed from the team (100% of the team’s share)
50,000,000 AIX tokens destroyed from the community ecosystem The AIX BURN MOON mechanism will start on October 25, 2024 and run for 30 days. During this period, if the AIX price increase or AlienXChain Mainnet TX count triggers the BURN Moon condition, up to 2% of AIX supply will be burned daily, with a maximum cumulative burn of 25%. In addition, as an AI Node-driven L2 network, AlienX will also soon announce a new AI MEME and Non-fungible Token ecological development plan.

AIX-1.38%

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