Three Arrows Capital: For every 100 users holding over 100 USD in 3AC tokens, 1% of the supply will be burned
ChainCatcher message, Three Arrowz Capital (3AC) announced its new token burn mechanism for the $3AC token, where every 100 on-chain users holding tokens worth over $100 will trigger a 1% burn of the token supply. The project team will take on-chain data snapshots every Friday to determine the burn ratio.
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