More Than 1 Million USTC Burned in the First 18 Days of August
More Than 1 Million USTC Burned in August
More than 1 million USTC has been burned during the first 18 days of August, marking another notable reduction in the USTC supply.
According to the latest burn data, a total of 1,032,623 USTC has been burned from August 1 through August 18. The figure is based on the available daily burn data, with August 18 still ongoing at the time of reporting.
The daily figures show that USTC burn activity has varied throughout the month, with several days recording significantly higher burn volumes.
USTC Burn Activity During the First 18 Days
The highest daily burn during this period was recorded on August 14, when 130,306 USTC was burned.
Other notable daily burns included:
- August 5: 116,679 USTC
- August 1: 113,960 USTC
- August 4: 94,996 USTC
- August 2: 93,341 USTC
- August 6: 87,821 USTC
These larger burn days contributed significantly to the total recorded during the first 18 days of August.
At the other end of the range, some days recorded much smaller amounts. August 8 saw 2,486 USTC burned, while August 13 recorded 4,088 USTC.
Daily USTC Burn Data
| 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 | 49,773 |
| Total | 1,032,623 |
August 18 Burn Data Is Still Incomplete
The reported total of 1,032,623 USTC represents the burn activity recorded through the available data for August 18.
Importantly, August 18 has not finished yet. This means the final burn figure for the day could increase as additional burn activity is recorded.
The current total should therefore be viewed as the latest available figure rather than the final August 18 result.
Continued Reduction in USTC Supply
USTC burns permanently reduce the amount of USTC in circulation. While daily burn amounts can fluctuate considerably, the cumulative burn figure provides a broader view of ongoing supply reduction.
With more than 1 million USTC already burned during the first 18 days of August, the activity adds to the cumulative effort to reduce the USTC supply.
As the month continues, additional burn activity could further increase the August total.
Conclusion
A total of 1,032,623 USTC has been burned during the first 18 days of August, according to the latest available data.
August 14 recorded the highest daily burn at 130,306 USTC, while August 18 currently stands at 49,773 USTC. Since August 18 is still in progress, the final figure for the day may be higher.
The latest data highlights continued USTC burn activity throughout August and provides another measure of ongoing supply reduction within the Terra Classic ecosystem.
