In April we burned a total of 31,816,786 HIT tokens (about 7.6 million USDT). The overall supply of HIT has officially decreased from 1,718,833,611.06 HIT to 1,687,016,825.06 HIT as a result of this recent burn.
Transaction Link: https://etherscan.io/tx/0x883c2b0592a88a637d1d9bda7b89bc1c7aa987a279ed6db1fbcec10d5331d3ac
HIT token, is the foundation of the HitBTC ecosystem and is used to provide incentives and rewards to our traders and active members in our community.
Find out more about the HIT Token here.
For more information about the HIT Token read our frequently asked questions here.
This article came directly from HitBTC, at https://hitbtc.com/blog/hitbtc-token-hit-token-burn-update-april-2022/