JustMoney Completes Monthly Token Burn for November 2024

馃敟 2B Tokens Up in Smoke

By JustMoney Spot
Dec 5, 2024, 7:06 PM
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JustMoney has completed its November 2024 token burn operation with significant metrics:

  • 74,219,536 JM tokens burned (valued at $1,484)
  • 515 USDT added to liquidity pool
  • Total value of burn: $1,999 USDT
  • Cumulative burn exceeds 2B JM tokens

This continues the project's monthly burn tradition, showing consistent execution compared to previous months.​ October's burn included 39.​7M tokens valued at $954 with 588 USDT added to liquidity.​

Visit just.​money for more details.​

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Read more about JustMoney Spot

JustMoney's $JM Token: Core Infrastructure Asset With Multiple Utility Features

The $JM token serves as the fundamental asset in JustMoney's cross-chain infrastructure, facilitating blockchain-to-blockchain swaps. Key features include: - Acts as bridge asset for cross-chain transactions - Provides tiered fee discounts for holders on Tron network - Generates yield for liquidity providers from actual trading Protocol revenue distribution: - 50% added to $JM liquidity pools across chains - 50% used for token buyback and burn program Notable achievement: Over 1B tokens burned in 2024, reducing total supply to 71B. [Explore the JustMoney ecosystem](https://just.money)

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