GateToken (GT) on-chain burn in Q1 2025 completed, with a total cumulative burn value exceeding $3.92 billion.

Odaily News According to the official announcement, the on-chain burn of GateToken (GT) for Q1 2025 has been officially completed, with a total of 1,542,910.7518074 GT transferred to the burn address, with a destruction value exceeding 33.84 million dollars. On-chain transaction details can be found at: Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous destruction mechanism, and the total supply of tokens has significantly decreased by approximately 59.54% from the initial 300 million. Key information for this destruction: -The number of tokens destroyed this time: 1,542,910.7518074 GT -The value of this destruction: approximately 33.8452 million USD

• Total amount of cumulative destruction: 178,632,323 GT
• Total value of cumulative destruction: approximately 3.92 billion USD (based on current prices)