Following the Paris Saint-Germain ($PSG) Fan Token Burn in their victory over rivals Marseille in the Trophée des Champions, more Fan Tokens will be burned this weekend!
The Fan Token Burn – Super Weekend will see thousands of FC Barcelona ($BAR) Galatasaray ($GAL), Juventus ($JUV), AS Roma ($ASR) and Paris Saint-Germain ($PSG) Fan Tokens burned, based on the goals and final results.
So what exactly is a ‘Burn’ and why are we doing it?
Burning is a very common practice in crypto, and is simply a way to reduce the circulating supply of a token meaning the tokens become more scarce.
$BAR, $GAL, $JUV, $ASR and $PSG Fan Tokens will be burned for every goal the teams score and even more if they win. For knock-out or cup games that end in a tie, penalty shoot-out goals won’t count.
The amount of Fan Tokens that will be burned are as follows:
$PSG:
Per goal: 10,000 $PSG
Per win: 20,000 $PSG
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$JUV:
Per goal: 10,000 $JUV
Per win: 20,000 $JUV
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$BAR:
Per goal: 20,000 $BAR
Per win: 40,000 $BAR
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$GAL:
Per goal: 5,000 $GAL
Per win: 10,000 $GAL
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$ASR:
Per goal: 5,000 $ASR
Per win: 10,000 $ASR
The burn will happen during these matches:
AS Roma vs Lazio vs (15/1)
Paris Saint-Germain vs Angers (16/1)*
FC Barcelona vs Athletic Club (17/1)
Galatasaray vs Beşiktaş (17/1)
Juventus vs Inter Milan (17/1)
*The actual burn for $PSG Fan Tokens will not happen live