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pair.fund burns more than $5 million worth of PAIR tokens

  • pair.fund announced the cumulative destruction of PAIR tokens.
  • More than $5 million worth of PAIR tokens has been burned.
  • pair.fund said the effort supports its deflationary ecosystem objective.

pair.fund, Robinhood's token issuance platform, said it has cumulatively burned more than $5 million worth of PAIR tokens. Token burning removes assets from circulation, and the platform said the action reflects its goal of developing a deflationary ecosystem. BlockBeats reported the statement on Sept. 6.

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pair.fund burns more than $5 million worth of PAIR tokens - CoinPost Terminal