Smartx is highly optimistic about the development of the blockchain industry from the beginning to the end. The smartx development team will continue to work on ensuring the normal operation and supply of the chain, continue to develop new functions, and build basic measures
Since 1.3 billion based on the 2.5 billion airdrop is placed in the staking pool, it needs to be withdrawn from the staking pool and then destroyed (withdrawal takes 36 days).
Therefore, the destruction step will be divided into 100 days for destruction, and 25 million will be destroyed every day (the details of the destruction of 1 billion coins of the foundation will be notified separately).
Since 1.8 billion has been destroyed after the previous PoS/PoW production reduction, plus the 3.5 billion destroyed, the total amount of SAT has been reduced from 10 billion to 4.7 billion
SmartX investors also hold 1.2 billion (address: Yv99a6), SmartX development team also holds 1.4 billion (address: caLzBUA),
These two parts will continue to carry out the destruction action in the future, and the specific content will be notified separately.
After a meeting with SmartX investors, it was decided as follows: the SmartX project will destroy 2.5 billion airdrop coins and 1 billion coins held by the SmartX Foundation in steps, a total of 3.5 billion coins (holding addresses: XXjFWSU addresses and jofM9pe addresses)
The third step 1) #Blockchain#SmartX#Sat browser currency holding list 2) Increase transfer fee voting, 3)
Foundation and developer coins are destroyed 4) #ido 5) Blog #Cake 6) #Cross-chain 7) Digital Storage Ecology - Pending.