Community Feedback on RACA Supply Display Issue on CMC.
21 Oct 2024, 02:46
Community Feedback on RACA Supply Display Issue on CMC
Recently, some community members raised concerns about an increase in RACA’s circulating supply as displayed on CoinMarketCap (CMC). We are currently in communication with CMC to verify the cause of this issue. We suspect that CMC may have previously only been reading data from the BNB chain, which could explain the discrepancy in supply display.
In reality, we have completed two cross-chain transactions recently. The details of the transactions are as follows:
First Transaction:
Burn of 20B ETH-RACA:
Mint of 20B BNB-RACA:
Second Transaction:
Burn of 20B ETH-RACA:
Mint of 20B BNB-RACA:
Therefore, the RACA community does not need to worry about the supply issue. The total supply of RACA will not increase, and one of our future directions is to further reduce the circulating supply by burning more RACA.
How to Obtain Real-time RACA Supply Data？
You can visit RACA’s official website:
The supply data displayed on the official website is directly sourced from the ETH, BNB, and OKC chains, ensuring accuracy and reliability.