L
LockTrip
LOC
Global Average
LOC/USD
Rank
613
Market Cap
$20.04MM
Circulating Supply
18.586MM LOC
Volume (1D)
$65,060.85
Thanks to the recently deployed burn mechanism, we are able to share the first burn report related to LOC Economy 2.0. The burn rate is a fundamental metric to the LOC economy. Contrary to the economies of Bitcoin and Ethereum, where new units are injected into circulation with each mined block, the total supply of LOC is shrinking with every booking made. medium.com/locktrip/december-2019-burn-report-73b85f7e85e8