anyone got any idea when the next burning will occur . i remember its being said as every quarter, but can someone comment!!
yes, burning takes place at the end of every quarter.
In Q3 2018 we are continuing with our repayment program using revenues generated in Q2, which amounted to US$404,410 or 888.46 ETH. As stated in our
Introducing Fees Payable in ICN blog post, DAA management fees are now collected and converted to ICN on a daily basis and will be burned at the end of each quarter, rather than in the following quarter.
proof -
ICONOMI Financial Report Q2 2018The token
burn smart contract can be viewed
here.