ON June 25th TRON Foundation will conduct a burn of 1,000,000,000 TRX all at once, which is worth 50 million USD according to today’s market price.
The total amount of TRX at the beginning of mainnet launch will be reduced to 99,000,000,000 TRX, and the remaining 33,251,807,524 TRX held by TRON foundation will stay locked.
TRON’s mainnet launch process includes four major phases.
Stage 0: Preparation ( 18-23 june)
Stage 1 : Guardian Phase ( 24 June)
Stage 2: Genesis Phase ( 25 June)
Stage 3: Constitutional Phase
Proof Link:
https://medium.com/tron-foundation/june-25th-tron-independence-day-ef7b9df02be9
Website: https://medium.com/tron-foundation
Twitter: https://twitter.com/tronfoundation