LRC token remains ERC20 compliant and now supports a “burn” function that will be used by the Loopring Protocol and the new Oedax auction protocol to burn LRC as the protocols are being used. The total LRC supply will decrease to reflect these burns.
We’ve also mapped LRC to a new Long Term Incentive Program at
0xC8Fcc48D1454a83589169294470549A2e1713DeC (longterm.lrctoken.eth). Those who have not claimed their tokens before block #7715000 can claim the same amount of LRC from this new contract.
We have mapped LRC to all holders including wallets and centralized exchanges platforms. More than 50K transfers have been made, some low-value transactions are still pending.
We will lock 20% of LRC’s total supply into a new Ice Box contract soon (most likely tomorrow). This was planned but we didn’t have time to get it done today. We’ll keep our community posted.
Once again, we thank all the supporting exchanges, wallets, etc! We couldn’t have done this without you by our side
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