Bancor Update — Week of Sept 26, 2022
Ecosystem 1M BNT has been burned 1 million BNT has been burned, after being bought and collected in the #Bancor v3 vault. Per the recent governance proposal, the one time BNT burn has been performed and around 0.5% of the circulating supply was destroyed. See the burn transaction here and more details in the approved proposal. You could also check out the original proposal to evaluate the effect of directly burning BNT here.