$ACST (American Cannabis Society Token) History
We launched $ACST on the Base Network on July 28th, 2024, with a Circulating Supply of 100B tokens. $ACST officially launched on the Solana Network on November 3rd, 2024, with a Circulating Supply of 1B tokens. Both tokens are accepted in-store and online at all GreenRX™ Dispensaries.
$ACST Burn Criteria
The Criteria for $ACST Burns are as follows:
- One percent, 1%, of Merchandise Sales from THCFACTOR.com, currently under maintenance, are burned (Example: 100.00 in Sales – 1.00 in $ACST is Burned).
- In-store use at all GreenRX™ Dispensaries – The $ACST Project will burn 2% of all $ACST used in GreenRX™ Wisconsin Dispensaries.
- Project Burns will also be scheduled based on votes by the Community.
- We eventually want to burn close to 19 billion tokens, to match Legacy burns.
How Much $ACST Will We Burn Every Month?
In addition to the Burn Criteria above, we will burn 5% of ALL SALES IN $ACST CRYPTO, EACH MONTH, as such:
- 2.5% IN BASE
- 2.5% IN SOLANA
$ACST BURN ALLOCATION – BASE NETWORK
Here’s the URL for the $ACST Base Network Burn:
Below are all the $ACST Base Network burns since the creation of the Burn Wallet.
$ACST BURN ALLOCATION – SOLANA NETWORK
We look to update the community with the $ACST Solana Network Burn information by the next Monthly Burn on December 22nd, 2024.