#RecallAnnouncesLiquidationPlansToBurn35.86%OfSupply
Guys, the Recall Foundation announced that it will cease operations and burn approximately 358.6 million tokens 🪙 $RECALL ; it also stated that it will not carry out buybacks or distribute the remaining assets.
The institution said it will proceed with burning its treasury reserves and the allocations intended to support the ecosystem (equivalent to 35.86% of the total supply), and that it will end software development, operational support, liquidity provision, and the purchase or repurchase of tokens 🪙.
The foundation reported that it will use $3.45 million 💲💲💲 of its remaining funds (which total approximately $3.7 million) to pay creditors and suppliers. It also specified that the continued listing of $RECALL on markets will depend on the decision of each exchange platform.
Guys, the Recall Foundation announced that it will cease operations and burn approximately 358.6 million tokens 🪙 $RECALL ; it also stated that it will not carry out buybacks or distribute the remaining assets.
The institution said it will proceed with burning its treasury reserves and the allocations intended to support the ecosystem (equivalent to 35.86% of the total supply), and that it will end software development, operational support, liquidity provision, and the purchase or repurchase of tokens 🪙.
The foundation reported that it will use $3.45 million 💲💲💲 of its remaining funds (which total approximately $3.7 million) to pay creditors and suppliers. It also specified that the continued listing of $RECALL on markets will depend on the decision of each exchange platform.
