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So far, a total of 410,296,586,422,853 #SHIB tokens (41.02966%) have been burned from the initial supply of 1 quadrillion.


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Posted

ippudu migilina tokens anni circulation lo vunnayi...so ippudu future lo burn cheyyalantey ela chesthaaru

manam hold chesthunna coins lonunche burn chesthaara????

or else what is the mechanism to burn the circulated tokens???

Posted

Sankallo guddukovalsina avasaram ledhu...vaadu burn chesindhi which was never in circulation supply but inΒ  total supply or team tokens and some by donations from big whales....

Inka nunchi burn ela chesthaadu anedhe choodali...circulation lo vunna coins nunchi elaaga theesthaadu..

one burning the fees from shibuswap in which the trading is not that high for buring some good chunk out of the circulation

Posted
5 minutes ago, Naaperushiva said:

ippudu migilina tokens anni circulation lo vunnayi...so ippudu future lo burn cheyyalantey ela chesthaaru

manam hold chesthunna coins lonunche burn chesthaara????

or else what is the mechanism to burn the circulated tokens???

No idea but someone tracking all burns everyhour

https://www.shibburn.com/

Posted
2 minutes ago, JackSeal said:

No idea but someone tracking all burns everyhour

https://www.shibburn.com/

Idhi thelusu baa..naaku doubt inka future lo ela chesthaaru anedhi...adhi ekkada dhorakaledhu sarigga answer naaku andhuke asked

Posted
15 minutes ago, Naaperushiva said:

Sankallo guddukovalsina avasaram ledhu...vaadu burn chesindhi which was never in circulation supply but inΒ  total supply or team tokens and some by donations from big whales....

Inka nunchi burn ela chesthaadu anedhe choodali...circulation lo vunna coins nunchi elaaga theesthaadu..

one burning the fees from shibuswap in which the trading is not that high for buring some good chunk out of the circulation

Β 

15 minutes ago, JackSeal said:

No idea but someone tracking all burns everyhour

https://www.shibburn.com/

they can implement gas burn like ETH does. When you transfer shib, some portion of the transfer fee can be burnt.

Binance coin kuda does same thing

Posted

Example of how ETH burn occurs

So for Bob to send Alice 1 ETH at aΒ baseFeePerGasΒ of 190 gwei andΒ maxPriorityFeePerGasΒ of 10 gwei, Bob will need to pay the following fee:

Β 
1(190 + 10) * 21000 = 4,200,000 gwei
2--or--
30.0042 ETH
4
Β 

Bob's account will be debitedΒ -1.0042 ETH

Alice's account will be creditedΒ +1.0 ETH

The base fee will be burnedΒ -0.00399 ETH

Miner keeps the tipΒ +0.000210 ETH

Posted
4 minutes ago, siru said:

Example of how ETH burn occurs

So for Bob to send Alice 1 ETH at aΒ baseFeePerGasΒ of 190 gwei andΒ maxPriorityFeePerGasΒ of 10 gwei, Bob will need to pay the following fee:

Β 
1(190 + 10) * 21000 = 4,200,000 gwei
2--or--
30.0042 ETH
4
Β 

Bob's account will be debitedΒ -1.0042 ETH

Alice's account will be creditedΒ +1.0 ETH

The base fee will be burnedΒ -0.00399 ETH

Miner keeps the tipΒ +0.000210 ETH

Yes but that burn wont be alot antunna....janaalu expect chesthunna level ki raavali antey abbo shib anedhi aa eth and bsc level lo blockchain ayyundaali...even that wont be sufficient anedhi naa vuddhesam...paiga shibu chain ledhu kadha for now it's only shibu swap

Posted
3 hours ago, Naaperushiva said:

Sankallo guddukovalsina avasaram ledhu...vaadu burn chesindhi which was never in circulation supply but inΒ  total supply or team tokens and some by donations from big whales....

Inka nunchi burn ela chesthaadu anedhe choodali...circulation lo vunna coins nunchi elaaga theesthaadu..

one burning the fees from shibuswap in which the trading is not that high for buring some good chunk out of the circulation

thre would be developers treasury bro, they burn those tokens not from your or my account :)

shiba founder shytoshi announced confirmed to plan more tokens to increase the value, its planning trillions, hence the price of 0.01 is achievable although not easy, it should frop of a zero this year as its not too far from alt which is 8885

Also many exchanges started listingΒ  like tomorrow is kracken, pretty soon RH, and also see the hype and compare to doge coin which started as joke back in 2013 to this one started in august 2020, and already surpassed doge and in top 9th position, this one is gaining huge attention, although we have seen dips and ups since 3 days,Β 

Β 

https://coinmarketbag.com/shytoshi-kusama-just-flipped-on-shiba-inu-coin-burn-confirmed-to-hit-0-01-shib-news-today/

Β 

Β 

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