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3rd Special Address Burn Yesterday marked the third buyback a | Minter Network

3rd Special Address Burn

Yesterday marked the third buyback and burn of BIP from an address that accumulates 0.1% on each swap in liquidity pools. 2 170 000 BIP (≈$1,954) has been bought back and burned via transfer to the 0th address:

https://explorer.minter.network/transactions/Mt29e2afbe2cd153463d85151cde46c7f8a9be0a1552653239a3b8cd8b2cf41b8c

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

Over 11M BIP has been burned via this mechanism to date!