{"id":4834,"date":"2023-01-20T19:03:22","date_gmt":"2023-01-20T16:03:22","guid":{"rendered":"https:\/\/bit.team\/blog\/?p=4834"},"modified":"2023-01-20T19:03:41","modified_gmt":"2023-01-20T16:03:41","slug":"the-quarterly-btt-burn-happened-today","status":"publish","type":"post","link":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/","title":{"rendered":"The quarterly BTT burn happened today"},"content":{"rendered":"<div class=\"\" data-block=\"true\" data-editor=\"5422n\" data-offset-key=\"6mo77-0-0\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\" data-offset-key=\"6mo77-0-0\"><span data-offset-key=\"6mo77-0-0\">At the end of each accounting period, the company burns 20% of the total BTT token revenue from providing services on the platforms. If <\/span><span class=\"sc-kDTinF ivWfKy\"><a><span data-offset-key=\"6mo77-1-0\">Bit.team<\/span><\/a><\/span><span data-offset-key=\"6mo77-2-0\"> has not earned that 20% BTT by the time of the quarterly burn, then the company redeems the token for the missing amount within one week before the burn.<\/span><\/div>\n<div data-offset-key=\"6mo77-0-0\"><\/div>\n<div data-offset-key=\"6mo77-0-0\">We already mentioned that the quarterly report is scheduled for January 2023. Final calculations have ended as planned and token burning is next.<\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"5422n\" data-offset-key=\"2rbs-0-0\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\" data-offset-key=\"2rbs-0-0\"><span data-offset-key=\"2rbs-0-0\"> \ud83d\udcc8 This morning we executed a 6,000,000 BTT burn transaction. You can find the full details of the transaction here:<\/span><\/div>\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\" data-offset-key=\"2rbs-0-0\"><span class=\"sc-kDTinF ivWfKy\"><a><span data-offset-key=\"2rbs-1-0\">https:\/\/explorer.decimalchain.com\/transactions\/F92CF145431468999C0114683D1401A132DCC1DFE8C801AC18D1397957E96D28<\/span><\/a><\/span><\/div>\n<div data-offset-key=\"2rbs-0-0\"><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"5422n\" data-offset-key=\"48bgp-0-0\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\" data-offset-key=\"48bgp-0-0\"><span data-offset-key=\"48bgp-0-0\">So the token reserve remained the same: 3,949,952.46 DEL, and the issue has decreased and is currently at: 454,999,925.18 BTT.<\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At the end of each accounting period, the company burns 20% of the total BTT token revenue from providing services on the platforms. If Bit.team has not earned that 20% BTT by the time of the quarterly burn, then the company redeems the token for the missing amount within one week before the burn. We [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[47],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u26a1\ufe0f The quarterly BTT burn happened today.<\/title>\n<meta name=\"description\" content=\"\u26a1\ufe0f The quarterly BTT burn happened today.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u26a1\ufe0f The quarterly BTT burn happened today.\" \/>\n<meta property=\"og:description\" content=\"\u26a1\ufe0f The quarterly BTT burn happened today.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/\" \/>\n<meta property=\"og:site_name\" content=\"News Bit Team\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BitTeam.group\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-20T16:03:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-20T16:03:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bit.team\/blog\/wp-content\/uploads\/2023\/01\/\u0441\u0436\u0438\u0433\u0430\u043d\u0438\u0435_en.png\" \/>\n\t<meta property=\"og:image:width\" content=\"5760\" \/>\n\t<meta property=\"og:image:height\" content=\"3240\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"bit.team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BitTeam_group\" \/>\n<meta name=\"twitter:site\" content=\"@BitTeam_group\" \/>\n<meta name=\"twitter:label1\" content=\"\u041d\u0430\u043f\u0438\u0441\u0430\u043d\u043e \u0430\u0432\u0442\u043e\u0440\u043e\u043c\" \/>\n\t<meta name=\"twitter:data1\" content=\"bit.team\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u041f\u0440\u0438\u043c\u0435\u0440\u043d\u043e\u0435 \u0432\u0440\u0435\u043c\u044f \u0434\u043b\u044f \u0447\u0442\u0435\u043d\u0438\u044f\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 \u043c\u0438\u043d\u0443\u0442\u0430\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/\"},\"author\":{\"name\":\"bit.team\",\"@id\":\"https:\/\/bit.team\/blog\/#\/schema\/person\/8aec87b4ba1c7190897d50bb6adfcb64\"},\"headline\":\"The quarterly BTT burn happened today\",\"datePublished\":\"2023-01-20T16:03:22+00:00\",\"dateModified\":\"2023-01-20T16:03:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/bit.team\/blog\/#organization\"},\"keywords\":[\"News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"ru-RU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/\",\"url\":\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/\",\"name\":\"\u26a1\ufe0f The quarterly BTT burn happened today.\",\"isPartOf\":{\"@id\":\"https:\/\/bit.team\/blog\/#website\"},\"datePublished\":\"2023-01-20T16:03:22+00:00\",\"dateModified\":\"2023-01-20T16:03:41+00:00\",\"description\":\"\u26a1\ufe0f The quarterly BTT burn happened today.\",\"breadcrumb\":{\"@id\":\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/#breadcrumb\"},\"inLanguage\":\"ru-RU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bit.team\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The quarterly BTT burn happened today\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bit.team\/blog\/#website\",\"url\":\"https:\/\/bit.team\/blog\/\",\"name\":\"News Bit Team\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/bit.team\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bit.team\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"ru-RU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bit.team\/blog\/#organization\",\"name\":\"bit.team\",\"url\":\"https:\/\/bit.team\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ru-RU\",\"@id\":\"https:\/\/bit.team\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bit.team\/blog\/wp-content\/uploads\/2022\/03\/bit2-1.jpg\",\"contentUrl\":\"https:\/\/bit.team\/blog\/wp-content\/uploads\/2022\/03\/bit2-1.jpg\",\"width\":221,\"height\":221,\"caption\":\"bit.team\"},\"image\":{\"@id\":\"https:\/\/bit.team\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/BitTeam.group\/\",\"https:\/\/twitter.com\/BitTeam_group\",\"https:\/\/www.instagram.com\/bit_team\/\",\"https:\/\/www.linkedin.com\/in\/bit-team-197a21165\/\",\"https:\/\/www.youtube.com\/channel\/UC2cHTnl8OhsKGXIiZngn6gA\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/bit.team\/blog\/#\/schema\/person\/8aec87b4ba1c7190897d50bb6adfcb64\",\"name\":\"bit.team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ru-RU\",\"@id\":\"https:\/\/bit.team\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd773d9e60ca4a02c207df26c95706f8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd773d9e60ca4a02c207df26c95706f8?s=96&d=mm&r=g\",\"caption\":\"bit.team\"},\"description\":\"Bit.Team is a platform for conveniently buying, selling, trading and storing cryptocurrencies.\",\"sameAs\":[\"http:\/\/bit.team\",\"https:\/\/www.youtube.com\/results?search_query=bit.team\",\"https:\/\/decimalchain.com\/wiki\/ru\/BIT.TEAM\"],\"url\":\"https:\/\/bit.team\/blog\/author\/bit-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u26a1\ufe0f The quarterly BTT burn happened today.","description":"\u26a1\ufe0f The quarterly BTT burn happened today.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/","og_locale":"ru_RU","og_type":"article","og_title":"\u26a1\ufe0f The quarterly BTT burn happened today.","og_description":"\u26a1\ufe0f The quarterly BTT burn happened today.","og_url":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/","og_site_name":"News Bit Team","article_publisher":"https:\/\/www.facebook.com\/BitTeam.group\/","article_published_time":"2023-01-20T16:03:22+00:00","article_modified_time":"2023-01-20T16:03:41+00:00","og_image":[{"width":5760,"height":3240,"url":"https:\/\/bit.team\/blog\/wp-content\/uploads\/2023\/01\/\u0441\u0436\u0438\u0433\u0430\u043d\u0438\u0435_en.png","type":"image\/png"}],"author":"bit.team","twitter_card":"summary_large_image","twitter_creator":"@BitTeam_group","twitter_site":"@BitTeam_group","twitter_misc":{"\u041d\u0430\u043f\u0438\u0441\u0430\u043d\u043e \u0430\u0432\u0442\u043e\u0440\u043e\u043c":"bit.team","\u041f\u0440\u0438\u043c\u0435\u0440\u043d\u043e\u0435 \u0432\u0440\u0435\u043c\u044f \u0434\u043b\u044f \u0447\u0442\u0435\u043d\u0438\u044f":"1 \u043c\u0438\u043d\u0443\u0442\u0430"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/#article","isPartOf":{"@id":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/"},"author":{"name":"bit.team","@id":"https:\/\/bit.team\/blog\/#\/schema\/person\/8aec87b4ba1c7190897d50bb6adfcb64"},"headline":"The quarterly BTT burn happened today","datePublished":"2023-01-20T16:03:22+00:00","dateModified":"2023-01-20T16:03:41+00:00","mainEntityOfPage":{"@id":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/"},"wordCount":134,"publisher":{"@id":"https:\/\/bit.team\/blog\/#organization"},"keywords":["News"],"articleSection":["News"],"inLanguage":"ru-RU"},{"@type":"WebPage","@id":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/","url":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/","name":"\u26a1\ufe0f The quarterly BTT burn happened today.","isPartOf":{"@id":"https:\/\/bit.team\/blog\/#website"},"datePublished":"2023-01-20T16:03:22+00:00","dateModified":"2023-01-20T16:03:41+00:00","description":"\u26a1\ufe0f The quarterly BTT burn happened today.","breadcrumb":{"@id":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/#breadcrumb"},"inLanguage":"ru-RU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bit.team\/blog\/the-quarterly-btt-burn-happened-today\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bit.team\/blog\/"},{"@type":"ListItem","position":2,"name":"The quarterly BTT burn happened today"}]},{"@type":"WebSite","@id":"https:\/\/bit.team\/blog\/#website","url":"https:\/\/bit.team\/blog\/","name":"News Bit Team","description":"","publisher":{"@id":"https:\/\/bit.team\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bit.team\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"ru-RU"},{"@type":"Organization","@id":"https:\/\/bit.team\/blog\/#organization","name":"bit.team","url":"https:\/\/bit.team\/blog\/","logo":{"@type":"ImageObject","inLanguage":"ru-RU","@id":"https:\/\/bit.team\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/bit.team\/blog\/wp-content\/uploads\/2022\/03\/bit2-1.jpg","contentUrl":"https:\/\/bit.team\/blog\/wp-content\/uploads\/2022\/03\/bit2-1.jpg","width":221,"height":221,"caption":"bit.team"},"image":{"@id":"https:\/\/bit.team\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/BitTeam.group\/","https:\/\/twitter.com\/BitTeam_group","https:\/\/www.instagram.com\/bit_team\/","https:\/\/www.linkedin.com\/in\/bit-team-197a21165\/","https:\/\/www.youtube.com\/channel\/UC2cHTnl8OhsKGXIiZngn6gA\/"]},{"@type":"Person","@id":"https:\/\/bit.team\/blog\/#\/schema\/person\/8aec87b4ba1c7190897d50bb6adfcb64","name":"bit.team","image":{"@type":"ImageObject","inLanguage":"ru-RU","@id":"https:\/\/bit.team\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd773d9e60ca4a02c207df26c95706f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd773d9e60ca4a02c207df26c95706f8?s=96&d=mm&r=g","caption":"bit.team"},"description":"Bit.Team is a platform for conveniently buying, selling, trading and storing cryptocurrencies.","sameAs":["http:\/\/bit.team","https:\/\/www.youtube.com\/results?search_query=bit.team","https:\/\/decimalchain.com\/wiki\/ru\/BIT.TEAM"],"url":"https:\/\/bit.team\/blog\/author\/bit-team\/"}]}},"_links":{"self":[{"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/posts\/4834"}],"collection":[{"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/comments?post=4834"}],"version-history":[{"count":1,"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/posts\/4834\/revisions"}],"predecessor-version":[{"id":4835,"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/posts\/4834\/revisions\/4835"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/media\/4836"}],"wp:attachment":[{"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/media?parent=4834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/categories?post=4834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bit.team\/blog\/wp-json\/wp\/v2\/tags?post=4834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}