TRX Generated / Burned Rates
TRX constantly takes various initiatives to improve their projects. The initiative to burn TRX in it is commendable. This is because the burning of this TRX is constantly depleting TRX from the circulating supply. This has also affected the price of TRX.
According to the 1 month chart, the amount of burning is much higher than the daily addition of new TRX. As a result, TRX is constantly decreasing from the total supply.
About 16,000 TRX are being burned daily, and 5,000 TRX are being added to the blockchain. The amount of net increase stands at -11 thousand.
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https://twitter.com/sagor520028/status/1674424374974357505
This is a nice post giving the details of trx generated and trx burned.
Thank you for sharing 😊👍