🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Avalon Labs has burned 80 million AVL tokens, representing 44% of the total supply in circulation
BlockBeats News: On June 9, Bitcoin financial services platform Avalon Labs announced that it had officially burned 80 million governance tokens AVL, worth about $16 million, accounting for 44% of the current total circulation. The tokens burned this time are mainly the shares that were not claimed by users during the airdrop. Avalon Labs launched a governance token airdrop in March 2024, attracting more than 100,000 users to participate in the collection, and has successfully distributed $20 million worth of AVL. With the end of the event, the remaining 80 million unclaimed tokens will be officially burned to control the token supply into a deflationary cycle and further consolidate the long-term value foundation of AVL