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Hello Elef World!!!
In order to protect your investment and to ensure that the value of our token stabilize, we will be using a process called Cryptocurrency Burning.
Cryptocurrency Burning is the process of removing tokens (also called coins) from circulation, which reduces the number of tokens in use. The tokens are sent to a wallet address that cannot be used for transactions other than receiving the tokens. The wallet is outside the network, and the tokens can no longer be used.
With this being said, this is to inform everyone in the community that we have burned 1,000,000 Elef Tokens. We will continue to burn the same amount weekly for the next 3 months or when we have achieved stability. This is for everyone protection and best interest.
This is a very good move to ensure and protect the value of ELEF token as well as our investment.
Elef trully cares with us(investors), i appreaciated all the efforts of the devs to make this project succeed in all ways. Our trust in elefworld is trully worth it.
Congrats to all the investor this team is amazing 😍🥰 Salute elef world thank you
I am amused with this action taking by the team..thanks elef for adding layer of security 👏👏
Thank you elef team your doing great we as investor is always amaze in your action. Salute elef world