Token Burn

Highlights: BNB Chain has completed its 34th quarterly burn, reducing supply to 136.36 million tokens. The BNB Auto-Burn system adjusts token burns based on market price and network activity. The real-time burning mechanism, introduced with BEP95, has already burned 281,000 […]

Highlights: Uniswap Labs has permanently eliminated 100 million UNI tokens from its total supply. The DeFi platform hinted at future burns, using subsequent fees collected by Uniswap. The burn proposal gained approval with over 90% vote from UNI token holders.  […]

Highlights: WLFI has started a recovery plan to restore user funds after several wallets faced breaches. WLFI has burned tokens in a controlled action that protects users and strengthens the project’s response to security failures. Lawmakers are seeking answers as […]

Highlights: Paxos has fixed a major minting error after accidentally creating 300 trillion PYUSD. The PYUSD Mint incident caused a brief DeFi disruption before Paxos restored normal supply. Regulators and analysts have urged tighter controls after the Paxos error. Stablecoin […]

Highlights: Shiba Inu increases adoption, which leads to the continuous positive market performance of SHIB. The burn rate spikes show dedication to reducing token circulation. The upward momentum can only be sustained by keeping the key resistance at $0.00003000. The […]

Highlights: Justin Sun announced that SUN’s revenue will be used for token burn. Sun emphasized the importance of addressing API issues for transparency. Following the announcement, SUN’s price surged 2%, reflecting a positive market response. In a recent post on […]