The RLB halving is here! 📢
Just a few days after the 1 year anniversary of 'Buy & Burn' introduction,
$RLB has hit a huge milestone..
50% of the entire
$RLB supply is now burnt forever!
Early members of our community will remember the 'RLB Lottery' as the sole deflationary mechanic, before the introduction of Buy & Burn!
We've come a long way since then, with the first burns being completed manually! Here's a brief timeline on those earlier burns:
Date: January 26th, 2022
RLB burned: 210,387,311.83 RLB
Date: May 17th, 2022
RLB burned: 434,979,239.67 RLB
Date: January 17th, 2023
RLB burned: 1,056,646,719.32 RLB
Date: June 25th, 2023
RLB burned: 72,367,733.56 RLB
We documented the earlier burns via this dedicated blog post:
blog.rollbit.com/rlb-burns/
Since introducing Buy & Burn, the average burn per hour is 80,762.57 RLB! 🔥