Weekly News Digest. 6/5/23
Dear friends,
This is a new issue of the weekly digest, and we continue to keep you up to date with the latest project news.
✅ The Azbit team completed an unprecedented record-breaking burning session (
https://bscscan.com/tx/0x2fe516c75cd1fb88310fd402080930d9a7cedc3106f0e3df8127b89e3df82f8c) with 6,414,046,272 AZ tokens reduced to ashes in a second. Which amounted to just under 10% of the circulating supply of 69 billion coins.
This massive AZ burn was yet another step in the token price support strategy. The elimination of tokens from the market is aimed at reducing supply and potentially increasing demand. Meanwhile, weekly token burns will continue.
✅ Azbit Futures crypto derivatives trading section is entering a phase of internal testing. In order to provide customers with the best trading experience, Azbit Futures will offer a wide range of leverage, low fees and enhanced security. The go-live date will be announced after testing is completed.
✅Minor updates to the azbit.com interface have taken place as part of the ongoing improvement of the exchange. Platform responsiveness increased by 9%.
🔥 More great news coming soon!