Klaytn Burned Over 356k KLAY Tokens In June

Twitter icon  •  Published 3 years ago on July 5, 2022  •  Hassan Maishera

The Klaytn Foundation announced via a blog post that the third scheduled burning of the net difference in gas fees that was implemented with v1.8.0 has been completed.

Klaytn Burned Over 356k KLAY Tokens In June

The Klaytn Foundation announced via a blog post that the third scheduled burning of the net difference in gas fees that was implemented with v1.8.0 has been completed. As a result, a total of 356,815 KLAY were burned for the period of 1 June to 30 June. 

Klaytn is a public blockchain developed by Ground X, the blockchain arm of Korea’s internet giant Kakao with 50 million users worldwide. KLAY is up by more than 3% in the last 24 hours and now trades at $0.240 per token.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.