token burn rate
OKX Slashes OKB Token Supply by 50% With $7.6B Burn, Price Surges
OKX’s record-breaking $7.6 billion OKB burn halved the circulating supply and sparked triple-digit price spike, and shifts focus to driving adoption of its X Layer blockchain.
Crypto.Com Wants to Revive $5B Worth of CRO Tokens It Once Burned in Peculiar ‘Golden Age’ Proposal
Community reactions to the proposal have been swift and largely critical. The reissuance threatens to dilute value, a sore point for a community celebrating the 2021 burn as a moonshot moment.
Astar Network to Burn 350M ASTR, 5% of Total Supply
The tokens were originally allocated to the now sunsetted Polakdot parachain auctions.
MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
Advertisement
Huobi Global Token Burn Spikes 55% in August, Indicating Strong Revenue Gain
The sharp increase in token burn contrasts to a steep drop in July.
Pahinang 1
