• RiveX

1,350,000,000 WRC20-RVX Tokens Burned πŸ”₯πŸ”₯πŸ”₯

A once-off burn of 1,350,000,000 WRC20-RVX which accounts for 33.75% of the Total Supply has taken place!


As promised β€” A detailed explanation of the 1,350,000,000 RVX burn!

Key points

  • Private sales β€” Collection β†’ Sending β†’ Burning 150,000,000 RVX (0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB)

  • DeFi Initiatives β€” Minting β†’ Burning 1,200,000,000 RVX (0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB)

  • Total Burn β€” 1,350,000,000 RVX πŸ”₯

The process is as follows:

Private Sales Burn

COLLECTION of the 150,000,000 RVX tokens locked from the private sale contract 0xBc310f4D7Ab54040BD8b0b066104620770783EE6 to owner 0x3e651767f098f2B0a0b6F98843AEF86a15393dB5

SENDING the 150,000,000 RVX tokens from the private sale contract owner 0x3e651767f098f2B0a0b6F98843AEF86a15393dB5 to the RVX token contract owner 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB

BURNING of the 150,000,000 RVX tokens from the RVX token contract owner 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB

As we can see from the screenshot below, the 150,000,000 RVX has been burned and no longer exists:

The transaction can be seen here https://www.wanscan.org/tx/0x9e8a2db168699a47ed43367620dad389eb174c254d7e28bc025c97b61cd6e816


DeFi Initiatives Burn MINTING of the 1,200,000,000 out of the 1,600,000,000 RVX tokens allocated for DeFi Initiatives from the RVX token contract owner 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB to 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB The transaction can be seen here

https://www.wanscan.org/tx/0x61215630c51cb2bd9cc5b78e3b85c0d79263701d1638a8cdf652fdeded5c7a43

BURNING of the 1,200,000,000 RVX tokens from the RVX token contract owner 0x1506D7a71a502d9B7AbFeC80a43666295E9fB2EB The transaction can be seen here

https://www.wanscan.org/tx/0x2f2db464dc14e2cf59320980577200a594bb3e1a69f0e457e858e9816f276b1a


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