
In a Medium post published on November 5, 2019, the Stellar Development Foundation (SDF) announced the token burn of more than 55 billion XLM worth $4.7 billion. The announcement says the decision to burn XLM tokens is part of a grander plan undertaken by the SDF to make the organization more lean and efficient in
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Source and More information: Stellar Foundation Burns 55 Billion XLM Tokens for Increased Efficiency
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