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8th Special Address Burn Today happened the eighth buyback an | Minter Network

8th Special Address Burn

Today happened the eighth buyback and burn of BIP from an address that accumulates 0.1% on each swap in liquidity pools. 2 800 000 BIP (≈ $1400) has been bought back and burned via transfer to the 0th address:

https://explorer.minter.network/transactions/Mt03ff2f7eb6b6568bddbe9ef9c80f7ca80565a7759d6d6713608339902e07aeb3

The more swaps, the bigger the buyback, the scarcer the BIP.

Over 21M BIP has been burned via this mechanism to date!