Astar Network to Burn 350M ASTR, 5% of Total Supply

Astar Network to Burn 350M ASTR, 5% of Total Supply

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Source: Coindesk.com

5% of ASTR's total supply will be burned following a governance vote, an additional 70 million tokens will be transferred to the community treasury. Token burns are often seen as a bullish event. ASTR is up by more than 7% over the past 24-hours.

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The post "Astar Network to Burn 350M ASTR, 5% of Total Supply" appeared first here Coindesk.com.

Source: Coindesk.com

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