Mint Cash 🏛️♻️

OK, y'all wanted more burns? Here you go. In celebration of reaching 11M burned USTC in half a day -- the 100x Burn Cap Trial will be extended by another 24 hours.

Announcing the 100x Burn Cap Trial Program As a sign of respect for the original Terra whitepaper's 6th launch anniversary, March 17th, we will temporarily lift the burn cap from the current 1,000 USTC to 100,000 USTC on March 17, 2024 for a limited time of 24 hours. This will allow one person to burn 51,100,000 USTC at a time with maximum referrals -- and, consequently, claim more oppaMINT/ANCS tokens pro-rata. We are taking this opportunity as a temperature check to first see how an increased burn cap may affect (i) token distribution, and (ii) our core Protocol stability when we launch later in the year. If this trial rollout goes well, we will then proceed with permanently increasing the Burn Cap by a substantial amount. We will be rolling out more trials in the future, so please bear with us while we figure out how exactly token distribution schedules should look like!

Announcing the 100x Burn Cap Trial Program As a sign of respect for the original Terra whitepaper's 6th launch anniversary, March 17th, we will temporarily lift the burn cap from the current 1,000 USTC to 100,000 USTC on March 17, 2024 for a limited time of 24 hours. This will allow one person to burn 51,100,000 USTC at a time with maximum referrals -- and, consequently, claim more oppaMINT/ANCS tokens pro-rata. We are taking this opportunity as a temperature check to first see how an increased burn cap may affect (i) token distribution, and (ii) our core Protocol stability when we launch later in the year. If this trial rollout goes well, we will then proceed with permanently increasing the Burn Cap by a substantial amount. We will be rolling out more trials in the future, so please bear with us while we figure out how exactly token distribution schedules should look like!

Announcing the 100x Burn Cap Trial Program As a sign of respect for the original Terra whitepaper's 6th launch anniversary, March 17th, we will temporarily lift the burn cap from the current 1,000 USTC to 100,000 USTC on March 17, 2024 for a limited time of 24 hours. This will allow one person to burn 51,100,000 USTC at a time with maximum referrals -- and, consequently, claim more oppaMINT/ANCS tokens pro-rata. We are taking this opportunity as a temperature check to first see how an increased burn cap may affect (i) token distribution, and (ii) our core Protocol stability when we launch later in the year. If this trial rollout goes well, we will then proceed with permanently increasing the Burn Cap by a substantial amount. We will be rolling out more trials in the future, so please bear with us while we figure out how exactly token distribution schedules should look like!