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Announcements (Altcoins)
Re: [ANN][ICO] Wanchain - Connecting blockchains to exchange value
by
gembira
on
08/11/2019, 17:04:23 UTC
Quote from: kissubaby on November 07, 2019, 07:42:37 AM
https://twitter.com/wanchain_org/status/1191794773474127873
Wanchain has burned the 21 million WAN (10% of total, reserved for PoS rewards) by sending them to an address where the WAN is not recoverable.
Here is the address:
https://wanscan.org/address/0x0000000000000000000000000000000000000000
The tx:
https://wanscan.org/tx/0x6bc3b697e48b95793aae27b8e9aa84f98eebe5beb024b4a051b5845ef547d865
PoS rewards are explained here:
https://medium.com/wanchain-foundation/wanchain-proof-of-stake-validator-economics-for-upcoming-alpha-testing-d57353a4d0f9
As far as I understand they didn't burn them in fact as this tokens were went out from total supply, not from circulating supply ad will be adding as rewards per POS mining... ?