400 Million ($20m) NEC Tokens Burnt
Today sees the burning of 400,000,000 Nectar Tokens (approx. $20m USD), as first outlined in the Nectar 2.0 whitepaper. Along with the official launch of weekly necBurn auctions. The one-off 400m burn event symbolises Nectar’s shift from inflationary to deflationary tokenomics, bringing increased value and utility to the Nectar ecosystem. Read on to learn more. …
