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ELEF Token Update: Week 10 Burning

  • NyL
  • Apr 15, 2022
  • 1 min read

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Hello ELEFbody!


We’re on Week 10 of our token burning and we would like to inform everyone in the community that we have burned 1,000,000 ELEF Tokens this week with a total of 10 Million ELEF tokens for 10 weeks.


This is what we call Cryptocurrency Burning, which is a way to protect your investment and to ensure that the value of our token stabilizes. It is the process of removing tokens (also called coins) from circulation, which reduces the number of tokens in use. The tokens are sent to a wallet address that cannot be used for transactions other than receiving the tokens. The wallet is outside the network, and the tokens can no longer be used.

For everyone’s protection and best interest, will continue to burn the same amount weekly for the 1 month or when we have achieved stability.


7 Comments

Crizeus Carlos
Crizeus Carlos
Apr 17, 2022

THANK you for keeping us updated Elef team.

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barboniomarie1
barboniomarie1
Apr 17, 2022

Thank you elef world for always delivering what good for us 😍😍

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Brad Marques
Brad Marques
Apr 16, 2022

thanks for the transparency. but I believe that the currency will only stabilize when it limits or ends the sale of clones of limited chest users.

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nimfaperez11
nimfaperez11
Apr 16, 2022

Thanks for protecting our investment.

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winifred.perez29
winifred.perez29
Apr 16, 2022

Thank you Sir Ron & Sir Dan for keeping your promised.

This is the reason why ELEFWORLD is a trusted project.

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