A leading decentralized exchange governance community recently made a big move — burning 100 million platform tokens in one go. These tokens came from the project's reserve stock and have now completely disappeared from circulation.
But the real change is actually behind the scenes. The transaction fees generated by the protocol will be partially used to buy back these tokens and then continue to burn them. In simple terms, this directly links real cash flow to the tokens.
This step is quite significant. Previously, this token mainly served as a governance tool. Now, it has actual revenue expectations and also incorporates a deflationary logic. In other words, as long as trading volume persists, the burning mechanism will continue to operate, gradually reducing the circulating supply. This design transforms the token from merely a voting right into a truly economically effective asset.
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ForkThisDAO
· 11h ago
Well, finally a project dares to put real money into tokens. This is the right way.
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Liquidated_Larry
· 11h ago
Haha, I've seen this trick too many times. Destroying hype never hurts.
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0xLostKey
· 11h ago
Oh wow, this is the right way. Finally, a project has figured it out.
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GasFeeTherapist
· 11h ago
Wow, hooking cash flow directly to tokens? Now that's the gameplay, finally not just a pure air governance token anymore.
A leading decentralized exchange governance community recently made a big move — burning 100 million platform tokens in one go. These tokens came from the project's reserve stock and have now completely disappeared from circulation.
But the real change is actually behind the scenes. The transaction fees generated by the protocol will be partially used to buy back these tokens and then continue to burn them. In simple terms, this directly links real cash flow to the tokens.
This step is quite significant. Previously, this token mainly served as a governance tool. Now, it has actual revenue expectations and also incorporates a deflationary logic. In other words, as long as trading volume persists, the burning mechanism will continue to operate, gradually reducing the circulating supply. This design transforms the token from merely a voting right into a truly economically effective asset.