pEOS is a token on eosio that is working on enabling private and untraceable transactions on EOS main chain. On the 15th of February, we took a snapshot for pEOS, shortly after on the 25th of February we started airdropping PEOS tokens 1:1 to EOS according to our snapshot.

As described in pEOS whitepaper and in multiple posts like the ones here, here, here and here, there was given a two month period for people to claim their PEOS tokens either by using them to transact or using the claim functionality in our site.

The burning event

On April 26th 2019, at 6:06 AM UTC, the pEOS bonfire started. Βy about 4 hours later, 38% of the total PEOS supply, that amounts to about 480,000,000 PEOS, were toast. It’s important to note that the PEOS tokens that were burnt are removed forever from circulation and now pEOS has a fixed total supply of about 770,000,000 PEOS. See the table bellow for more details on how the total supply changed after the burn.

*As always Dev team’s PEOS tokens are vested for 400 days starting from the 25th of February when the airdrop started.

The road ahead

Even though we are still in the beginning, the journey so far was thrilling. In the following months and as we reach the end of Q2, we are looking to deploy a testnet version of the pEOS contract capable of verifying pEOS transactions. Moreover we are going to be sharing with the community our vision of the pEOS wallet application to provide a taste of the final user experience of onboarding and transacting with pEOS. It is important to note here that we are still proponents of having other third party wallets adopting private and untraceable pEOS transactions functionality, but we are also planning to also release our solution.

Special thanks to the community

To raise awareness beyond our reach we asked several EOS influencers that helped us spread the word. We are feeling thankful for being embraced by such an active and positive community like EOS has, as the people we reached out to were happy to help and many of them were already working on spreading the word about pEOS by themselves. Therefore we are including bellow some honourable mentions of entities that helped raise awareness about the token burn.

EOSwritter https://www.eoswriter.io/1416_peos-private-untraceable-transactions-on-eos.eos

Dallas Rushing https://www.youtube.com/watch?v=W165LdJGsKc

Cypherglass https://www.youtube.com/watch?v=_efCz5VOZSs

EOS Weekly https://www.youtube.com/watch?v=ji9APYbyFR8

Colin talks crypto https://www.youtube.com/watch?v=noBKpkazzBw

Wickedly Crypto https://www.youtube.com/watch?v=A_QWv7tVumU

Investing with a difference https://www.youtube.com/watch?v=rZ9AcgAEMKg

Hodl EOS https://www.youtube.com/watch?v=PLeg0ZIq8SY

크립토 서브웨이 https://www.youtube.com/watch?v=vOER8buPsAA

FINANCIALFREEDOMCJ https://www.youtube.com/watch?v=SBILLyc8EoY

Exploring EOS https://podcasts.apple.com/kz/podcast/36-claim-your-peos-tokens-now-for-private-untraceable/id1389197349?i=1000436062138

EOSBlockchainNews https://www.reddit.com/r/eos/comments/b988ua/peos_claim_tokens_by_april_25th/

EOSGO https://www.reddit.com/r/eos/comments/b91a2f/claim_your_peos_tokens_by_the_25th_of_april_or/