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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ForkThisDAOvip
· 5h ago
Well, finally a project dares to put real money into tokens. This is the right way.
View OriginalReply0
Liquidated_Larryvip
· 5h ago
Haha, I've seen this trick too many times. Destroying hype never hurts.
View OriginalReply0
0xLostKeyvip
· 5h ago
Oh wow, this is the right way. Finally, a project has figured it out.
View OriginalReply0
GasFeeTherapistvip
· 5h ago
Wow, hooking cash flow directly to tokens? Now that's the gameplay, finally not just a pure air governance token anymore.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)