Token Burn announcement

We proudly announce the following measures.

  • Implementation to buy back ANX from the revenue storage unit.
  • Implementation of token burn.

Support for buying back from the revenue storage unit.
In late December, we would support buying back a considerable amount of ANX from the revenue storage unit, which is 20% of the revenue stage.

About Token Burn ANL and ANX

We are planning a 50% burn of both currencies.

Total number of ANL issued: 8.4 billion

4.2 billion would be burned at the end of January.

Then, 4.2 billion remains.

Total number of ANX issued: 8.4 billion

The breakdown of the amount of burn at each time period.

  • 2.1 billion would be burned at the end of January (25%)
  • 700 million would be burned at the end of February (8.33%)
  • 700 million would be burned at the end of March (8.33%)
  • 700 million would be burned at the end of April (8.33%)

So, 4.2 billion would be burned by the end of April (50% of the total) and 4.2 billion would remain.

Thank you. 

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