To put it in a nutshell, a token burn is the practice of destroying tokens and as a result remove them from circulation from the total available tokens in existence. This will make  the tokens inaccessible to everyone (including the owner, contract creator and the user).

On a quarterly basis Peculium will perform such a token burn as we already explained in a previous post that you can read here. For this, we will start to burn 25% of all PCL-Tokens collected through fees by our AIEVE-Products from October 1st 2019 to January 1st 2020.

Tx Burn January 2020:
https://etherscan.io/tx/0xed596f1cf4b5a82f1cd5db7b45e8d7df43c813e72e24c6485b748f523d44e570

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