Important Announcement. The crypto market is gradually gaining some momentum.
10 Feb 2023, 09:50
Important Announcement
The crypto market is gradually gaining some momentum. The Robust Protocol team has been working behind the scenes and brainstorming on the way forward for the Robust Protocol ecosystem.
RBS Token Burn:
The total supply of the RobustSwap Token (RBS) was reached a couple of months ago with the culmination of staking, liquidity, and trade mining.
As you might be aware, the total supply is hard capped at 106 050 RBS, with no provision for further supply expansion. This is in line with the anti-inflationary foundational principle of the Robust Protocol ecosystem.
RBS was designed with a limited total supply, deflationary mechanism, and liquidity generation at its core.
It is our goal to reduce the total supply of the RBS token to below 50 000 over the next 12 months. This will be achieved through:
Transaction token burn.
Periodic token burn.
Token buy and burn.
The first periodic token burn of 5 000 RBS will occur on the 13th of February 2023 at 12:00 UTC.
Please stay tuned for more announcements.
The Robust Protocol Team
Same news in other sources
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10 Feb 2023, 13:48
The Robust Protocol team has issued a new announcement on TG:
The Robust Protocol team has issued a new announcement on TG:.
The Robust Protocol team has issued a new announcement on TG:
10 Feb 2023, 13:48
The Robust Protocol team has issued a new announcement on TG:
The Robust Protocol team has issued a new announcement on TG:.
The Robust Protocol team has issued a new announcement on TG:
https://t.co/3py9Gm5QeD