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GIGGLE fee distribution revealed: half donated to education, half permanently burned
【Coin World】GiggleFund just released some quite interesting data.
A leading exchange collected 6837.99 coins in fees through GIGGLE's spot and leveraged trading from November 1st to 29th, amounting to approximately 975,700 USD based on the price at that time. How will this money be handled? It will be split in half.
Half was directly donated to Giggle Academy—presumably to support educational projects, and the other half? Directly thrown into the burn address, permanently exiting circulation. This kind of operation is considered a classic deflationary strategy in the token economy, which theoretically has a supporting effect on the coin price.
They also made the transaction IDs for donations and burns public, and those who want to verify can check it on the chain themselves. The transparency in this aspect is decent; at least the data is there, not playing tricks.