HyperFND Proposes Recognizing Inaccessible Assistance Fund Tokens as Permanently Burned

The crypto platform seeks community approval to classify inaccessible fund tokens as removed from both circulating and total supply.

Summary

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Terms & Concepts
  • Token Burn: The process of permanently removing cryptocurrency tokens from circulation, reducing both circulating and total supply.
  • Circulating Supply: The total number of cryptocurrency tokens available for public trading at a given time.
  • Total Supply: The complete number of cryptocurrency tokens created, including those in circulation and those held or locked.