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Hello ELEFbody!!!
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 for week 6 with a total of 6 Million ELEF Tokens for 6 weeks. We will continue to burn the same amount weekly for the next 2 months or when we have achieved stability. This is for everyone protection and best interest.
Thank you for securing our investments.
nice bot comments. elef value is plumetting still, it is reality, can't commend you're burning scheme because it is not helping to stabilize the token's value. owners of normal miners are not happy with the way this game is going.
Great Elef team for Another 1,000,000 Elef Tokens burned 😍 👏
Thank you elef for ensuring the stability of our token we salute
Thanks ELEF World for ensuring the safety of our investment.