As you may know: economy of a currency is a difficult things while you need to develop the ecosystem around it.
Burning coins is a fast, reliable, easy way of stabilizing the price of a currency: for doing so we will plan to burn up to ₱25,000,000 XPX from here to the next five years timespan and more will be burnt in the future if needed...
We already burnt ₱5,000,000 on the 08/24/2018, ₱2,000,000 on 11/30/2018 and we will burn ₱2,000,000 on Monday 12/31/2018.
You can see here the previous RipaEx Burning Event transactions here:
- Burning Event N.1: https://explorer.ripaex.io/transaction/67398dc5e4c2b1c8dbfb7db2a910e8f934fc5b63c536add50d3f37b32607e555
- Burning Event N.2: https://explorer.ripaex.io/transaction/60c16b80750e62bcbdc460f97a79477a4a832823b14191193cd2930e5f7538d6
While you can see here the RipaEx burning reserve for the foreseeable future: https://explorer.ripaex.io/wallets/PUVjy7NYE4c5S36g6cxhvHPd6BrqHdHEar
Stay tuned on RipaEx socials to know more how we keep price stability of the XPX currency and on more burning events!!
Remember to connect to us...
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