[Urgent Notice] Schedule for Burnung of ZZAN & ZZANM token to stabilize and revitalize the market

in #zzan5 years ago (edited)

Hello, SteemZZANG users!

In order to stabilize and revitalize the market of ZZAN and ZZANM tokens, SteemZZANG Administrations will conduct the burning of ZZAN and ZZANM tokens as follows;

When to burn: At 12:00 PM on Saturday, August 24th, 2019 (Korea Standard Time) / At 11:00 PM on Friday, August 23rd, 2019 (EST)

What to burn:

  • ZZAN tokens: 100% of sales amount for ZZANM block deal
    The total amount of ZZAN tokens which @ZZANBANK account owns as of at noon on Saturday, August 24th, 2019 will be burned.

  • ZZANM tokens: Excluding 20,000 ZZANM, all remaining amount of ZZANM tokens owned by @ZZAN accounts after the end of block deal will be burned.

  • According to the burning plan above, ZZANM block deal will be ended at 11:30 AM on Saturday, August 24th, 2019 KST / at 10:30 PM on Friday, August 23rd, 2019 EST.
    (As of this action, we do not limit eligibility - 0.1% ZZAN holders to purchase ZZANM mining tokens from the present time till the end of ZZANM block deal above)

  • Also, SteemZZANG will establish and implement the policies for the burning of ZZAN and ZZANM tokens continuously.

SteemZZANG promises to you it will always do its best to make benefits to all SteemZZANG users.

Thank you for your interest and support SteemZZANG.
We hope you enjoy SteemZZANG!

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