Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
by
SiverSurfer
on 29/05/2020, 08:12:10 UTC
BTW are they still burning the tokens? sorry haven't followed the development in a really long time.
Yes, tokens are burnt at the beginning of each quarter and the amount depends on the volume and the fee people spend on different platforms Pundi X have.
You can see the amount of burnt token using this address.

Thank you. From what I can see in the address burn rate has dropped a lot. From 1.2 billion to just 14 million guess that was during the FX coin swap?

They mentioned that because of Covid-19, since retails business dropped 90% hence Point of sales terminal usage also dropped.

Nonetheless I still see them hard at work, the team is the same as in 2017, same faces in telegram.