Algorand Foundation announces that all tokens redeemed in August have been destroyed

The Algorand Foundation announced that it has completed the destruction of the early redemption of the auction tokens in August, destroying approximately 1.90 million Algo tokens. In August of this year, the Algorand Foundation announced that it would introduce an option for early refund as an alternative to a 90% refund of the price in June 2020. The first batch of participating auctioneers can choose to return the token to the designated wallet address from August 2nd to August 9th, and the foundation will be in the auctioneer within 7 days from August 23rd. A refund of 85% of the settlement price at the first auction.