The Stellar Foundation Burns Over Fifty Percent of the Available XLM Tokens

The Stellar Development Foundation (SDF) has burned more than 50 percent of the total XLM supply, amounting to over 55 billion XLM coins. The XLM tokens burnt so far are worth more than $4.4 billion. The activity was occasioned by the need for the foundation to try to reorganize its development strategy. The Stellar Development …