Rigel Protocol First Token Burning Event!
After 6 months from the Rigel Protocol platform native token launch, we are having our first Token Burn of 110,484 RGP on the Binance Smart Chain and 10,163 RGP on the Ethereum Chain - about 12.2% of the total circulating supply on both chains!
Countdown till the Burning Event on September 5, 2021: https://countingdownto.com/countdown-pages/Ru3E-7I7
Consequently, once every month, we will carry out a Token Burn Event, which will consist on burning a base amount of 20,000 RGP (BEP20) and 10,000 RGP (ERC20) plus a 50% of the fees from all the transactions across the platform on each chain.
The more transactions and more users join the Rigel Protocol DApp ecosystem, the more will be the amount of tokens burned (taken out of circulation) each month, hence decreasing the circulating supply and supporting the token price uptrend dynamics while controlling inflation.
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E-mail: support@rigelprotocol.com