Hi,
we will reduce total Janus in existence to 25,201,489 JNS, after the 2nd distribution of Janus tokens from C-Cex exchange and the NXT AE are sold.
Our objective is to avoid massive deflation of the profit sharing. No more tokens will be sold by the Janus Team, and traders will have to "fight" each others on market.
More info here: https://www.nxter.org/janus-news-summary
*** C-Cex already sold out .
- The Janusproject Team
thank you for such response sir..
so currently how many is the total supply of JNS? so if ccex already sold out, you are now only waiting for the NXT AE to be sold out then going to the next phase of reducing the supply right?
sorry for too much questions mate.. im just new to this.
best regards.
We started the token count at 99,999,999, and the current total supply since burn was initiated is ~ 97,000,000. Currently less than 16 million Janus are in circulation.
As I said before, after the 2nd distribution are sold out in both exchanges we´ll start the burning process decreasing the total supply of Janus from 97 million to 25 million.
A announcement will be made by the Janus Team.
-Luis.
Ohh! I thought it's only 50% getting burned. So around 74% of the total remaining supply is going to be burned soon. Awesome this is going to be a not to be missed opportunity. I am surely in. I meant I will buy some more.
We left enough for community funds, our developer funds, and the 1 remaining JanusXT tier one position that remains. Which I should take a moment and thank our current JanusXT holders, they have been helping handle many things for our team to strategize the continued health of Janus tokens. This is giving our core team the time needed to bring our business models from lines of code to launch. The largest Janus holders are in this for long term and substantial growth which inturn helps every user.