HomeLatest NewsMore Than 1.4 Million USTC Burned in August

More Than 1.4 Million USTC Burned in August

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More Than 1.4 Million USTC Burned in August as Total Reaches 1,400,810

More Than 1.4 Million USTC Burned in August

USTC burn activity has continued throughout August, with a total of 1,400,810 USTC burned between August 1 and August 21.

The latest figures show consistent burn activity across the month, although daily amounts have varied significantly. The highest daily burn recorded during this period was 130,306 USTC on August 14.

Several other days also recorded burns above 100,000 USTC. These included 113,960 USTC on August 1, 116,679 USTC on August 5, 109,343 USTC on August 18, and 108,046 USTC on both August 19 and August 20.

USTC Burn Activity in August

The daily USTC burn figures from August 1 through August 21 are:

Date USTC Burned
August 1 113,960
August 2 93,341
August 3 66,194
August 4 94,996
August 5 116,679
August 6 87,821
August 7 33,129
August 8 2,486
August 9 29,235
August 10 63,150
August 11 62,797
August 12 14,787
August 13 4,088
August 14 130,306
August 15 15,619
August 16 15,344
August 17 38,918
August 18 109,343
August 19 108,046
August 20 108,046
August 21 92,525
Total 1,400,810

Burn Activity Shows Significant Daily Variation

The August data shows that USTC burn activity has not followed a consistent daily pattern. Some days recorded more than 100,000 USTC burned, while other days saw burns below 10,000 USTC.

August 14 recorded the largest single daily burn at 130,306 USTC. The lowest daily figure during the period was 2,486 USTC on August 8.

Despite these fluctuations, the cumulative figure has continued to increase, reaching more than 1.4 million USTC burned by August 21.

USTC Burn Total Reaches 1.4 Million

With 1,400,810 USTC burned during the first 21 days of August, the latest figures highlight continued burn activity across the Terra Classic ecosystem.

The cumulative burn total provides a measure of USTC being permanently removed from supply during the period. Future burn activity will determine how much higher the August total becomes by the end of the month.

For now, more than 1.4 million USTC has been burned in August through August 21.

OrbitWire.io - Terra Classic DEX Aggregator
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