[2019.8.24] The Report of ZZAN & ZZANM Burning

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Hello, SteemZZANG users!
I hope all of you are enjoying SteemZZANG.

SteemZZANG Administrations ended up the block-deal of ZZANM at noon on August 24th (KST) and burned ZZAN and ZZANM tokens as the notice about burning.

The details are as below;

1.Burning of ZZAN tokens

A total of 50,3614 ZZAN tokens was burned by sending from @zzanbank to @null at noon on August 24th, which was up to 4.6% of total ZZAN token in the circulation.

2.Burning of ZZANM tokens

As well as ZZAN tokens, ZZANM tokens were also burned by sending from @zzan to @null, which was 72,921 ZZANM tokens among 100,000 ZZANM from genesis.

We expect the returns of ZZANM mining tokens will be significantly increased even after the remaining are sold out because 73% of total issue volume was burned.

20,000 ZZANM, the remaining amount after burning is being traded at Steem-Engine even after the block deal was ended up.

3.For block deal users who have sent ZZAN tokens to @ZZAN account after the ending of ZZANM token block deal, we will return ZZAN tokens today.

We inform you that SteemZZAN has no plan to open the block deal for ZZANM tokens again in the future and strongly recommend purchasing ZZANM through DEX trading at Steem-Engine.

4.Moreover, SteemZZANG Administrations are planning various ways to help the burning of ZZAN tokens all the time.

We hope to make policies that can give more benefits to SteemZZANG users and our community.

SteemZZANG Administrations, Committee Members & Development Team are always working for your convenience.

Thank you.

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original posting
[2019.8.24] ZZAN & ZZANM 소각 보고
https://www.steemzzang.com/zzan/@zzan.admin/2019-8-24-zzan-and-zzanm