ZGSZC Foundation Completes 1st Quarterly Burn – UEEx

The ZGSZC Foundation has officially announced the successful completion of the 1st quarterly ZGSZC token burn. A total of 250,000,000,000 ZGSZC tokens were burned, At the time of the burn, the market price was $43 USDT, with an estimated value of $10,750,000,000,000 trillion USD.

This burn represents 50% of the total supply, significantly reducing circulation and contributing to the long-term development of the ecosystem.

Key Burn Details
ZGSZC adopts a transparent and predictable burn strategy. The burn amount is dynamically adjusted based on ZGSZC’s price and the number of blocks generated. Currently, 50% of the circulating supply is automatically burned every quarter.

The Importance of ZGSZC
ZGSZC is a digital asset born from an innovative spirit and technological revolution, designed to break the barriers of traditional finance and reshape the future of the global digital economy. Our issuance of ZGSZC is driven by the need to address the inefficiencies and excessive centralization inherent in traditional financial systems, creating an open, transparent, and efficient trading platform for users worldwide. To ensure sustainable ecosystem development, we have implemented a unique burning mechanism—each transaction will automatically burn a certain percentage of ZGSZC tokens, continuously reducing the circulating supply, enhancing token scarcity, and incentivizing long-term holding. ZGSZC is not just a token; it is a clarion call for a digital asset revolution, igniting limitless possibilities for the future.

ZGSZC Automatic Burn Process
The ZGSZC automatic burn mechanism is independently audited and objective. The burn data is reported quarterly. This quarter’s burn was executed directly on the blockchain, ensuring full transparency, and all users can verify the burn transaction. The corresponding ZGSZC amount was sent to the "black hole" address:
0x00000000000000000000000000000000000000000dEaD

Burn Transaction Hash Verification

0xd9b00b902f61c1aba5eb04d4c687e14d12c53ef93a2c61cfdfd3035ee551d5d9

Transaction Query

https://bscscan.com/tx/0xd9b00b902f61c1aba5eb04d4c687e14d12c53ef93a2c61cfdfd3035ee551d5d9