The post K9 to Burn 410M KNINE Tokens in Tribute to Vitalik Buterin’s SHIB Burn appeared first on Coinpedia Fintech News
In a recent X post, K9 disclosed plans to burn 410M KNINE tokens to honor Vitalik Buterin’s massive SHIB burn in 2021. An impressive 81.66% of the votes supported the proposal to burn 410M KNINE, while the remainder opposed the initiative. Notably, the K9 team will send 410M KNINE tokens to a dead blockchain wallet on May 31, permanently removing them from the supply. Previously, in May 2021, Buterin had burned 410 trillion SHIB tokens out of the 500 trillion tokens he had received as a gift from a fictitious supply while allocating 90 trillion tokens for charitable purposes. This gesture put Shiba Inu in the limelight as top exchanges considered listing the tokens.