Klaytn Burned Over 356k KLAY Tokens In June

Twitter icon  •  Published 1 year ago  •  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.

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.

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.