A leading decentralized exchange announced the burning of 100 million governance tokens from its inventory, equivalent to approximately $596 million at current prices. This burn was carried out in accordance with a community voting proposal, and in the future, the platform will continue to allocate revenue from trading fees for buybacks and burns, further promoting a long-term deflationary mechanism for the token. This move reflects the project's commitment to ecological sustainability and token value preservation.
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ChainSpy
· 2025-12-31 00:42
Destroying $596 million? Does the community really have the say, or is this just another "democracy show"?
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LiquidatedAgain
· 2025-12-28 20:44
Burned 596 million? Sounds good, but only the ones that can truly hold up the risk control points count... I also believed in this promise last year, but as the lending rate skyrocketed, I was liquidated directly.
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GasFeeBeggar
· 2025-12-28 19:48
Burned 596 million? Is this real or just hype? Is this move to pump the market or genuinely working?
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Web3ExplorerLin
· 2025-12-28 04:54
hypothesis: when a dex commits to systematic token burns, they're essentially constructing a deflationary oracle that bridges the gap between tokenomics theory and actual scarcity mechanics. pretty fascinating parallel to how ancient economies managed precious metals, ngl
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JustHereForMemes
· 2025-12-28 04:53
Wow, they really destroyed 596 million? This move is pretty ruthless.
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MaticHoleFiller
· 2025-12-28 04:53
Destroying so many tokens, the inflation pressure is indeed reduced, but being able to persist is the real key.
Burning 100 million tokens directly is indeed a bold move. But to be honest, the key still depends on the implementation of subsequent transaction fee buybacks — whether they can truly sustain deflationary momentum, which is what determines long-term value.
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TokenomicsDetective
· 2025-12-28 04:30
Burn 596 million? That number sounds pretty impressive, but I'm worried the follow-up might not keep up.
A leading decentralized exchange announced the burning of 100 million governance tokens from its inventory, equivalent to approximately $596 million at current prices. This burn was carried out in accordance with a community voting proposal, and in the future, the platform will continue to allocate revenue from trading fees for buybacks and burns, further promoting a long-term deflationary mechanism for the token. This move reflects the project's commitment to ecological sustainability and token value preservation.