ALIENX launches a burn plan to destroy 25% of the token supply

ChainCatcher news, ALIENX has announced a large-scale token burn plan AIX BURN MOON, which will burn up to 250 million AIX tokens in the next 30 days, accounting for 25% of the total supply.

According to ALIENX's announcement, this burn plan consists of two main parts:

1. 200 million AIX will be burned from the team’s share, accounting for 100% of the team’s share, equivalent to 20% of the total supply.

2. 50 million AIX will be burned from the community ecosystem, accounting for 5% of the total supply.

The AIX BURN MOON mechanism will be launched on October 25, 2024, and will last for 30 days until November 24.