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Verasity burns $256k worth of $VRA in Q3

Verasity burns $256k worth of $VRA in Q3

The verasity team has announced that they have burnt 84M $VRA, worth $256k in the third quarter of 2024 to improve..

Image of Sahil ThakurSahil ThakurNews

Oct 9, 2024

Written By Sahil Thakur

Author: Sahil Thakur

Written On: Wed, 09 Oct 2024 06:25:52 GMT

The Verasity team announced that they have burned 84 million $VRA , worth around $256k in the third quarter of 2024 as a part of the deflationary tokenomics for $VRA. This latest burn takes the total $VRA burnt so far to 512 million over the last 1.5 years.

There have been a total of 9 $VRA burn events so far starting February 2023 with the latest being on 8th October 2024.

The price of $VRA saw a huge pump in March 2024 with the price reaching as high as $0.015 but has since cooled down to $0.0029 at the time of writing on 9th October 2024.

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