A major move just went through: one leading DEX has officially torched 100 million of its native governance tokens following community approval of a fee-burning mechanism. This represents a significant shift in how the protocol handles its tokenomics—moving toward a deflationary model that directly benefits token holders through reduced supply. The governance vote demonstrated strong community backing for the measure, signaling confidence in the protocol's long-term value proposition. This kind of token supply adjustment has become increasingly common as DEX platforms compete to enhance their economic models and attract liquidity providers. The burning mechanism ties protocol revenue back into token value, creating a direct incentive alignment between platform success and holder returns.

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
  • 2
  • Repost
  • Share
Comment
0/400
just_vibin_onchainvip
· 6h ago
Really? Burned 100 million coins in one go? Now token holders must be laughing their heads off.
View OriginalReply0
MetaverseLandlordvip
· 6h ago
Burning coins again and again, I just want to ask if it can go up this time.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)