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Blog iconAstra DAO
Dec 11

Astra DAO Burns 27% of Total Supply to Boost Community Ownership, Renounces Ownership of Contract

Empowering the Community: A Massive Token Burn and Renouncing of Contract Ownership In a significant move towards decentralization, Astra DAO has burned a substantial portion of its total $ASTRADAO token supply. Specifically, 36 trillion tokens, or approximately 27%, were burned, effectively removing them from circulation. This token burn was executed by utilizing all tokens from Staking Rewards and Team and Early Contributor’s Vesting Schedules. 100% of $ASTRADAO Circulating Supply is in the...

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Astra DAO is a decentralized and non-custodial automated crypto asset allocator built on Ethereum.

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