Express

Swiss Blockchain Company Eidoo Burns 28 Million $EDO For Token Upgrade

Dawn Wu

Summary: Swiss-based blockchain company Eidoo announced today that the crypto platform has burned 28 million $EDO, nearly a third of its total supply, for the utility token's upcoming upgrade in a week.

Swiss-based blockchain company Eidoo announced today that the crypto platform has burned 28 million $EDO, nearly a third of its total supply, for the utility token's upcoming upgrade in a week.

After the upgrade on June 18, $EDO will be renamed as $PNT, which will support a decentralized autonomous organization (DAO). The total supply of $PNT will remain below 60 million tokens, which can be used on a new ecosystem, pNetwork.

By Dawn Wu

Last Update:

Tags: ,,
Link: Swiss Blockchain Company Eidoo Burns 28 Million $EDO For Token Upgrade   [Copy]
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 1 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 4 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 5 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 15 days ago
  • Is the Crypto Bull Market Over? 16 days ago
  • You need to login to comment.