In February we burned a total of 24,752,531 HIT tokens (about 6.9 million USDT). The overall supply of HIT has officially decreased from1,743,586,142.06 HIT to 1,718,833,611.06 HIT as a result of this recent burn.
Transaction Link: https://etherscan.io/tx/0x9e1af47135c887768375d749d56571e6a0dd301e9415cd606b3b99230f33110f
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://blog.hitbtc.com/hitbtc-token-hit-token-burn-update-march-2022/