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A major move by a certain DEX has just been implemented. According to monitoring data, around 4:30 AM today, the DEX treasury completed the destruction of 100 million platform tokens, worth approximately $596 million USD. This is not a spur-of-the-moment decision — the community had previously voted to approve a fee destruction proposal. In other words, from now on, all types of fees collected by this DEX will flow into a destruction mechanism, which is considered a long-term token value support strategy. Such destruction actions are usually seen as positive signals in the market, directly reducing the circulating supply.
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It's another burn... Can it really support the price this time? Feeling tired of it all
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Long-term burn mechanism? Alright, let's see how long they can stick with it
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Burning coins at 4:30 AM, this move is indeed a bit something
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Less supply = higher prices? Wake up, brother, this logic has been proven wrong long ago
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The community-approved burn proposal is at least much better than some projects' behind-the-scenes manipulations
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One hundred million coins gone in an instant, feels like the wallet has shrunk all around
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Such a big burn, if the price still drops later, I’ll just laugh
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Treasury burning coins, is this really just the prelude to cutting the leeks?
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But I have to admit, this kind of transparent burn is definitely better than empty talk
Continuous destruction sounds reliable, much better than those who only talk but don't act.
$596 million burned, asking about it just shows optimism.
This is what real anti-inflation looks like, some projects should learn from it.
Long-term destruction mechanism, finally someone has the right logic.
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The long-term destruction mechanism is finally showing its true colors.
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It's both destruction and voting, quite standardized. Just not sure how long it can last.
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Reducing supply always has someone willing to pay for it. Anyway, I believe in it.
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Burning coins at 4:30 AM, how idle must you be haha.
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The long-term destruction strategy sounds good, but I'm worried they'll regret it later.
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Losing 100 million platform coins, holders should be ecstatic.
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If it's really executed as planned, it's definitely worth paying attention to.
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Here we go again with the destruction, let's see how long it can last.
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Why do some people still believe that burning coins can save the token price?
I've heard so much about burns, the key is whether they can actually follow through.
Investing 596 million, if the price still drops, I'll really laugh.
Wait, can this long-term burn mechanism really pump the price... I'm a bit skeptical.
It's another burn, combined with inflation expectations, same old tricks.
Holders must be ecstatic now, finally some real action.
I’ve figured out the destruction mechanism—it's all about long-term value anchoring
Wait, can this really hold up the price? I'm a bit worried
Wow, they should have done this a long time ago
This move is quite significant, and community voting approval shows there's consensus
Destroying supply is a classic tactic, but their execution looks pretty solid
They started at 4:30 AM, how urgent must they be? Haha
Another destruction news, the retail investors should wake up
All fees go towards destruction, this time it's serious, don't turn it into another scam
Talking about destruction is easy, long-term坚持 is the key, I’m optimistic
$596 million wipeout, that’s pretty intense
Fee destruction mechanism? This thing needs to be observed gradually, not just look at the numbers
It's interesting, just not sure if they will come up with more tricks later
This continuous destruction model is indeed rare, looking forward to subsequent feedback
It's too early to boast, let's wait three months before discussing this matter
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I've seen too many tricks with the destruction mechanism; only a few can really stick with it.
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Long-term destruction fee flow? Sounds good, but it all depends on whether there's enough volume later.
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Doing this at 4:30 AM, that's a bit showy.
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Reducing supply = price increase? The logic makes sense, but the key is whether someone will take the other side.
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This round of operation is quite serious, community voting + long-term mechanism, unlike the typical pump-and-dump schemes.
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Burning 596 million USD sounds great, but I'm worried it's just a trick where they burn their own tokens.
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Finally seeing a DEX really doing something, others are just talking.
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Good news is good news, but with so many positive signals in this market, why is it still falling?
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I just want to know if those 100 million platform tokens can still be mined later.
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It's both burning and buyback, can it really boost the price? Let's see the subsequent trend
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Long-term burning mechanism is a good approach, definitely better than those paper promises
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Doing this at 4:30 AM, there's some thought behind it
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Reducing supply = price increase? That's naive, friend. Burning without trading volume is meaningless
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Community voting approval is indeed better than those behind-the-scenes manipulations
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Burning five billion is useless if trading volume can't keep up
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This is what a legitimate project should do, unlike some that only know how to cut profits daily
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Wait, where did the money for this burning come from? The fee pool isn't that big
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Holding position feels a bit more secure, at least the team hasn't run away