Stellar’s Foundation has just destroyed half of its Lumens cryptocurrency supply
The Stellar Development Foundation burned 55 billion of its XLM tokens, more than half of the supply of the cryptocurrency, CEO Denelle Dixon announced on Monday’s Stellar Meridian conference stage.
105 billion XLM had existed previously, with 20 billion in circulation. The supply has shrunk to 50 billion with this burn.Read More »Stellar’s Foundation has just destroyed half of its Lumens cryptocurrency supply