Monday has arrived, so there is another burn update to be shared! A massive 333,403 10SET tokens have just been burned to further reduce the total supply! You can find the burn transaction here:

https://bscscan.com/tx/0x607c49dc482612f08f8cd38ea72616f9899a541a79cb1976278e862880b4bb05

A lot of discussion has taken place in the Tenset community regarding the supply of 10SET token, and in particular the amount of tokens belonging to the ecosystem itself. As you can see on the “Market data” section on the website homepage, the “Project supply” has been steadily decreasing in recent months. It now sits at under 96 million, a reduction of more than 6 million thanks to several significant burns!

The 10SET token supply continues to be observed going forward, with all further burns to of course be communicated on official channels. Deflation and burning tokens is one of the core philosophies of the Tenset ecosystem. To date, over 37.5 million tokens have been burned in total, which is nearly 18% of the initial max supply (210 million)!