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๐ฑ๐ฅ3rd Round of Token Burn: RACA Burned More than 5 Billion Tokens worth over 1 million USDT๐๐คฏ
#RACA is thrilled to announce the third round of our ambitious token burn plan, marking a milestone in our commitment to fostering a strong and sustainable ecosystem for our community. This round of burning included the removal of the RACA/USDT and RACA/ETH liquidity pools on the Ethereum network, resulting in the elimination of 5,528,106,449 ETH-RACA tokens, with a total burn value surpassing 1 million USDT. Altogether, this effort brings our recent token burns to approximately 14 billion RACA tokens.
To execute this burn, ETH and USDT from the liquidity pools, sourced directly from the RACA treasury, were used. These assets will now be redirected to the RACA treasury, where they will support various initiatives, including promotions, marketing efforts, and operational enhancements, thereby bolstering the development and stability of the RACA ecosystem.
Transaction Details:
Removal of E-RACA/ETH Liquidity Pool:
Transaction Link
Removal of E-RACA/USDT Liquidity Pool:
Transaction Link
https://etherscan.io/tx/0x3d5bb58d659e5648674ed7d1fdb4df095a813e62fc49fa1cef00da432edcda37
Transaction Link
https://etherscan.io/tx/0xfb0a8e39e6a1211a056a9e9d9f4fb3165ef4d94a2760bb5fa4519907c7220cae
Burned E-RACA Tokens:
https://etherscan.io/tx/0xed927835704776e3fbd120e386cc3807ce4e1ec2521b74e518af374851011e50
Burn Transaction
https://etherscan.io/tx/0x634eb8741a6b8150d4474d312a361c6ee354d94fb87c1830ea3a95515af67d50
Previous Burns in 2024
This latest round of token burns follows two significant burn events earlier this year. The second round occurred recently, eliminating 2,413,194,252 $RACA tokens valued at 500,000 USDT, reflecting our steadfast dedication to creating a deflationary effect to benefit RACA holders and the ecosystem as a whole. The first burn in September 2024 saw 6 billion $RACA tokens removed, valued at 1 million USDT, underscoring our long-term strategy to support the community and enhance token value.
At RACA, token burns represent more than a strategic reduction in circulating supply; they are an expression of our unwavering commitment to our community. By reducing token availability, we aim to increase scarcity, which can positively influence demand. This step reflects RACAโs dedication to making community-centric decisions that prioritize our holders, promoting trust and transparency.
Looking forward, RACA is actively developing exciting initiatives designed to bring even greater value to our ecosystem. From innovative features to new partnerships, weโre continuously working to enhance the RACA project. This burn is only one step in a series of impactful actions aimed at positioning $RACA holders at the heart of everything we do. The journey is just beginning โ stay tuned as we continue to reach new heights!
Supported by DWF Labs, OKX Blockdream Ventures, and the Tachyon accelerator by Consensys Mesh, RACA serves as a web 3.0 infrastructure solution provider. Initially launched as a bidding token with the Maye Musk NFT, RACA has evolved into a robust web3.0 gaming ecosystem!
RACA, the USM native token, serves as a Crypto โdApp Storeโ of AI Apps and Games, initiated by the โElon Muskโs Mother & Koda NFTโ community.
#MarketBuyOrHold? #BTCWatchZone #binance #BNBChainMeme
To execute this burn, ETH and USDT from the liquidity pools, sourced directly from the RACA treasury, were used. These assets will now be redirected to the RACA treasury, where they will support various initiatives, including promotions, marketing efforts, and operational enhancements, thereby bolstering the development and stability of the RACA ecosystem.
Transaction Details:
Removal of E-RACA/ETH Liquidity Pool:
Transaction Link
Removal of E-RACA/USDT Liquidity Pool:
Transaction Link
https://etherscan.io/tx/0x3d5bb58d659e5648674ed7d1fdb4df095a813e62fc49fa1cef00da432edcda37
Transaction Link
https://etherscan.io/tx/0xfb0a8e39e6a1211a056a9e9d9f4fb3165ef4d94a2760bb5fa4519907c7220cae
Burned E-RACA Tokens:
https://etherscan.io/tx/0xed927835704776e3fbd120e386cc3807ce4e1ec2521b74e518af374851011e50
Burn Transaction
https://etherscan.io/tx/0x634eb8741a6b8150d4474d312a361c6ee354d94fb87c1830ea3a95515af67d50
Previous Burns in 2024
This latest round of token burns follows two significant burn events earlier this year. The second round occurred recently, eliminating 2,413,194,252 $RACA tokens valued at 500,000 USDT, reflecting our steadfast dedication to creating a deflationary effect to benefit RACA holders and the ecosystem as a whole. The first burn in September 2024 saw 6 billion $RACA tokens removed, valued at 1 million USDT, underscoring our long-term strategy to support the community and enhance token value.
At RACA, token burns represent more than a strategic reduction in circulating supply; they are an expression of our unwavering commitment to our community. By reducing token availability, we aim to increase scarcity, which can positively influence demand. This step reflects RACAโs dedication to making community-centric decisions that prioritize our holders, promoting trust and transparency.
Looking forward, RACA is actively developing exciting initiatives designed to bring even greater value to our ecosystem. From innovative features to new partnerships, weโre continuously working to enhance the RACA project. This burn is only one step in a series of impactful actions aimed at positioning $RACA holders at the heart of everything we do. The journey is just beginning โ stay tuned as we continue to reach new heights!
Supported by DWF Labs, OKX Blockdream Ventures, and the Tachyon accelerator by Consensys Mesh, RACA serves as a web 3.0 infrastructure solution provider. Initially launched as a bidding token with the Maye Musk NFT, RACA has evolved into a robust web3.0 gaming ecosystem!
RACA, the USM native token, serves as a Crypto โdApp Storeโ of AI Apps and Games, initiated by the โElon Muskโs Mother & Koda NFTโ community.
#MarketBuyOrHold? #BTCWatchZone #binance #BNBChainMeme
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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