Announcement: BIGMOON Token Burn Event

BIGMOON
2 min readJan 9, 2022

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BIGMOON officially announced: The 11th of January month 2022, will be the date of burning 50% of total supply of $BIGMOON.

What is Token Burn?

Token burn is an operation to destroy a number of Tokens in order to reduce the total supply of Tokens existing in the BIGMOON. The amount of Burned Tokens will not belong to any account but will be lost forever.

What are the advantages?

Less supply in tokens adds to the rarity of a coin.

BIGMOON team will burn more than 50% of the total supply and send it to the burn address on BSC; as this address also participates in the protocol, it accumulates more tokens, thereby effectively removing them from circulation. There is no limit to the burn, the burn address will keep growing, increasing the scarcity of BigMoon.

How many tokens will be burned?

Approximately Five Hundred Trillion $BIGMOON tokens will be burned.

- BIGMOON token burn is not a form of tax or fee. BIGMOON team does not gain benefit Tokens from this activity.

- BIGMOON Token to serve the interests of the community, limit or prevent actions that harm the system, and ensure the BIGMOON ecosystem is healthy.

- Token burn is to keep the value of the Token.

Our goal is to balance the BIGMOON protocol, reduce total supply, and create scarcity to increase the value of the BIGMOON token.

We will conduct our token burning event on 11th January’2022.

Token amount to be burned: Approx 500,000,000,000,000 $BIGMOON (the 50% of the total supply of BIGMOON)

Token burning date: 11th January, 2022

BIGMOON is the next generation cryptocurrency which is built on a Binance Smartchain to disrupt traditional financial system with Autonomous yield and liquidity generation protocol. Simply HODL BigMoon in your wallet and you will get automatically more as reward. With its total supply capped at 1 Quadrillion.While competing with other Defi protocols, BIGMOON has the potential to reward its investors by over 100–1000x !

TOKEN: BIGMOON,

TOKEN SYMBOL: BIGMOON,

DECIMAL: 09,

TOTAL SUPPLY: 1,000,000,000,000,000 (1 Quadrillion),

CONTRACT: 0x3f9a1b8354e744514A65645F7721ae84AD031F10

Stay tuned with us:

🌐 Website: https://bigmoon.live
💬 Telegram: https://telegram.me/BigMoonOfficial
🐦 Twitter: https://twitter.com/BIGMOONofficial
👾 Reddit: https://www.reddit.com/r/BigMoonOfficial/
📝 Medium: https://bigmoonofficial.medium.com/
👨‍💻 Youtube: https://www.youtube.com/c/BigmoonOfficial

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BIGMOON

JUST LAND ON BIGMOON AND HUNT FOR THE TREASURE. BigMoon is a autonomous yield and liquidity generation protocol.