Round 3 of Token Burn: RACA Burns more of 5 Billion Tokens, exceeding 1 million USDT
RACA is thrilled to announce the third round of our ambitious token burn plan, marking a milestone in our commitment to fostering a strong and sustainable ecosystem for our community. This round of burning included the removal of the RACA/USDT and RACA/ETH liquidity pools on the Ethereum network, resulting in the elimination of 5,528,106,449 ETH-RACA tokens, with a total burn value surpassing 1 million USDT. Altogether, this effort brings our recent token burns to approximately 14 billion RACA tokens.
To execute this burn, ETH and USDT from the liquidity pools, sourced directly from the RACA treasury, were used. These assets will now be redirected to the RACA treasury, where they will support various initiatives, including promotions, marketing efforts, and operational enhancements, thereby bolstering the development and stability of the RACA ecosystem.
Transaction Details:
- Removal of E-RACA/ETH Liquidity Pool:
Transaction Link - Removal of E-RACA/USDT Liquidity Pool:
Transaction Link 1
Transaction Link 2 - Burned E-RACA Tokens:
Burn Transaction
Previous Burns in 2024
This latest round of token burns follows two significant burn events earlier this year. The second round occurred recently, eliminating 2,413,194,252 $RACA tokens valued at 500,000 USDT, reflecting our steadfast dedication to creating a deflationary effect to benefit RACA holders and the ecosystem as a whole. The first burn in September 2024 saw 6 billion $RACA tokens removed, valued at 1 million USDT, underscoring our long-term strategy to support the community and enhance token value.
At RACA, token burns represent more than a strategic reduction in circulating supply; they are an expression of our unwavering commitment to our community. By reducing token availability, we aim to increase scarcity, which can positively influence demand. This step reflects RACA’s dedication to making community-centric decisions that prioritize our holders, promoting trust and transparency.
Looking forward, RACA is actively developing exciting initiatives designed to bring even greater value to our ecosystem. From innovative features to new partnerships, we’re continuously working to enhance the RACA project. This burn is only one step in a series of impactful actions aimed at positioning $RACA holders at the heart of everything we do. The journey is just beginning — stay tuned as we continue to reach new heights!
Supported by DWF Labs, OKX Blockdream Ventures, and the Tachyon accelerator by Consensys Mesh, RACA serves as a web 3.0 infrastructure solution provider. Initially launched as a bidding token with the Maye Musk NFT, RACA has evolved into a robust web3.0 gaming ecosystem!
RACA, the USM native token, serves as a Crypto ‘dApp Store’ of AI Apps and Games, initiated by the ‘Elon Musk’s Mother & Koda NFT’ community
More about Raca:
Website: https://www.raca3.com/en/
X: https://x.com/RACA_3
Telegram: https://t.me/RadioCaca
Discord: https://discord.com/invite/raca
Where to buy $RACA:
OKX: https://www.okx.com/trade-spot/raca-usdt
BYBIT: https://www.bybit.com/en/trade/spot/RACA/USDT
PARIBU: https://www.paribu.com/#/market/raca-tl
BITGET: https://www.bitget.com/spot/RACAUSDT
GATE: https://www.gate.io/trade/RACA_USDT
KUCOIN: https://www.kucoin.com/trade/RACA-USDT
HTX: https://www.htx.com/trade/raca_usdt
MEXC: https://www.mexc.com/exchange/RACA_USDT
Pancakeswap: https://pancakeswap.finance/?outputCurrency=0x12BB890508c125661E03b09EC06E404bc9289040
