Initial coins offered for burn exchange are:
– – Fractalcoin (FRAC), November 1 – 30, at .5 BARR per FRAC (2 FRAC for 1 BARR), with a target of 5000 satoshis per FRAC on market
– – Keycoin (KEY), November 1 – 30, at .5 BARR per KEY (2 KEY for 1 BARR), with a target of 5000 satoshis per KEY on market
– – Sapience (XAI), November 1 – 30, at .75 BARR per XAI (~1.33 XAI for 1 BARR), with a target of 7500 satoshis per XAI on market
– – Burning Altcoins for Redemption and Reduction (BARR), November 1 – 30, at 1 OFFS per BARR (1 BARR for 1 OFFS), with a target of 10,000 satoshis per BARR on market
After the initial 30-day period of multi-burn, new burn periods of one or more altcoins will be announced every 30 to 60 days. Our goal is to burn at least one new coin every 60 days, but we will adjust our plans based on community feedback and the results of the launch. Our options of which new coins we can afford to burn, and how many, and how often, will depend on the price of BARR.
For announcements, and to participate, please visit our topic at bitcointalk.org