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Burning
"Burning" crypto means permanently removing some tokens from game circulation. Burning is typically done by transferring the tokens in question to a burn address, i.e. a wallet from which they cannot ever be retrieved. A project burns its tokens to reduce the overall supply. (Read more on CoinDesk)
In the Minerio metaverse, based on token circulation in the P2E ecosystem, a burning pool will be created approximately every eight months. We will burn those tokens to reduce the overall supply. We will update you about the 
Rioz token events on our official Twitter account.
The Halving and Burning in the Minerio will be approximately four months apart and not simultaneous. Please follow our official Twitter account to learn more and get the latest news.
Last modified 1yr ago