The post ChangeNOW Brings Back $NOW Burns appeared first on Coinpedia Fintech News
ChangeNOW, a crypto management platform with an expanding range of products, announced that it is resuming its regular $NOW token burn program as outlined in its whitepaper. The latest burn occurred on December 17th, permanently removing 210,018tokens from circulation. The transaction record is available at
https://etherscan.io/tx/0x3055a647299dc6dab78e2159450f03937b420befdfea75ee4c286348a8d4b8ab.
This marks the fifth scheduled burn in the history of $NOW and reaffirms ChangeNOW’s long-term plan to gradually decrease the token’s total supply across chains to 100,000,000 $NOW, the level defined in the project’s tokenomics framework. Burns are expected to continue on a quarterly basis.
“Resuming the burn program reflects the progress we’ve made strengthening the $NOW token and the broader ChangeNOW platform,” CSO Pauline Shangett said. “With ongoing updates across our products an
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