Plug Chain burned 74% of circulation

Dear Plug Chain fans,

Plug Chain main chain token “PLUGCN” has complete destroying 13 billion tokens, accounting for 74% of the circulation.

Here are the transaction IDs for PLUGCN destruction

FBC26A5F8DE6A833FA53FB31C70DA850C04E08CEA4555FE1A7D95C2AFF4601C2

0BB01BE0C30C88709786D41758F93945C87AE0027D8AAD6FD29B9929C60CBC54

186D877A5494DE53EEAC73BE8770969E590744F23C09B0FF86ADAA8C65E9ED06

E998B45F68D2D31D7047AE3E05D5B311E8C15C057FB868236C983549268F97DE

AFACFE0529A3CE9A04772E0EEF130384238EB25454BF32E682AC54E320FB50F3

What does it mean when Plug Chain burned the circulating supply?

Plug Chain is a transparent project as it is.
We have burned 74% of the circulation that will result in foundation having little tokens on hand.

With little tokens that the foundation holds, it is impossible for a dump to occur. This is to give investors a peace of mind.

The Golden Question: When PLUGCN pump?

Holders of PLUGCN has to understand that the main focus of Plug Chain right now is eco building. Without eco, even if there is a pump, it will not last.

The ecology is staking. With more users staking their PLUGCN, the likelihood of pump is higher.

We cannot stop if community decide to sell when they do not understand fully what is going on.

About Plugchain

Plug Chain is an open-source layer 0 blockchain with a low gas fee and high performance coupled with fast transaction speed. Primarily built for cross-chain use,it allows intercommunication among public chain intelligent contracts such as Polkadot, BSC and Heco through cross-chain technology. The framework of Plugchain include Application layer, Service Layer, Data layer, Network layer and Bottom layer.

To learn more about Plug Chain , Please join Plug Chain social Networks:

Youtube: https://www.youtube.com/c/OfficialPLUGChain
Telegram: https://t.me/plugchain
Twitter: https://twitter.com/Plugchainclub?s=09
Medium: https://officialplugchain.medium.com/
Reddit: https://www.reddit.com/r/PlugChain/

--

--

--

An open-source layer 0 blockchain with a low gas fee ($PLUGCN) & high performance, Plug Chain’s designed for cross-chain usage with strong Asia Tech community.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

3 Best Programming Languages To Learn For Blockchain Development

Blockchain Careers in 2020 [Complete Guide]

Overview of Blockchain Governance Models

Outstanding Challenges in Blockchain Technology in 2017

Taking steps toward tokenised financial markets

A technical overview of MedCredits’ decentralized and encrypted EMR

Transfer our Clone BTC To Anyone & to any wallet

Stratos and Amy Finance Partner to Power NFT Mining Pool with Stratos Decentralized Storage

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Official Plug Chain™

Official Plug Chain™

An open-source layer 0 blockchain with a low gas fee ($PLUGCN) & high performance, Plug Chain’s designed for cross-chain usage with strong Asia Tech community.

More from Medium

BitMart will list $PLUGCN on 3rd May 2022 (Confirmed!)

ZoidPay in Charts: Can't get easier than this!

BlackHoleDAO Dividend Settlement Announcement【 May 2~May 8】

Volare Network — Consensus (2)