Over 827,000 $HT burnt by HuobiGlobal in Q1, 2023: Is this much for justinsuntron? Huobi Tron $TRX
The largest centralized exchanges send quarterly a portion of their revenue to buy back and destroy the share of native tokens in order to keep them scarce. Here's what the latest token burn announcements can tell about an exchange's revenue.shared by Huobi, a top-notch crypto exchange, 827,226 Huobi Tokens were burned in Q1, 2023. In total, during the entire lifetime of the token burn program, the exchange has destroyed almost 300 million HT.
Huobi, owned by Justin Sun, announced the Q1 HT report, burning 827,226 HTs, or about $3.31m. Huobi used 20% of the platform revenue for burning, so the platform revenue in Q1 is only about $16.55m.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BYD Dolphin (2023) first drive: new compact EV due in 2023BYD : Like its namesake, the BYD Dolphin is a pretty clever little mammal
Read more »
Why using a keyboard phone in 2023 kind of rulesThe $300 Unihertz Titan Pocket is an imperfect phone that just might be worth it.
Read more »
Dawn Of DC Primer Special Edition To Include 2023 Secret FilesThe Dawn of DC Primer 2023 Special Edition will be available for free at comics shops on the 16th of May, with a new story Josh Williamson and Leandro Fernandez,
Read more »
Ivan Pace Jr. NFL Draft 2023 Prospect Interview'I’m that difference-maker you’re looking for.' JustinM_NFL talked to ivan_pacejr about his energetic approach to the game, debunking the narratives surrounding him, playing in coverage, and much more. NFLDraft
Read more »
Best All-Season Tires of 2023 - AutoblogThe best all-season tires to help you drive effectively and safely throughout the year
Read more »
International Dark Sky Week 2023 begins today to combat the light pollution crisisSkywatchers will use the period between Saturday, April 15 and Saturday, April 22 to ensure that policymakers aren’t in the dark about the problem facing our view of space.
Read more »