As per WazirX roadmap and whitepaper, WazirX will burn WRX token every quarterly based on the trading volume on the crypto-to-crypto platform. WazirX will continue burning WRX until it destroys 100 Million WRX, i.e., 10% of WRX supply. WRX burn for the quarter of April 2020 – June 2020 will happen in July. Based on the trading volume for this quarter, WRX will be burned in the first week of July. Also just after token burn announcement, US-based crypto exchange Poloniex lists WRX with WRX/USDT, WRX/BTC, and WRX/TRX pair.
WazirX exchange was launched on 8 March 2018 and was founded by Nischal Shetty, Sameer Mhatre, and Siddharth Menon. On 21 Jan 2020 Binance announced WRX IEO on Binance Launchpad at a price of $0.02. All-time high price for WRX was $0.229 which was a 10X return from Public Sale.