Search Results for "burn"
Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed
Following its quarterly burn, the Binance (BNB) Chain has successfully eliminated $548 million worth of BNB; however, the market remains unaffected.
Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B
Since the London Hardfork went live in August last year, the Ethereum network and its underlying token have been operating as a deflationary protocol.
Astar Network Completes 350 Million ASTR Token Burn
Astar Network successfully burns 350 million ASTR tokens, marking a significant milestone in optimizing the network’s tokenomics and enhancing sustainability.
BNB Chain Executes 29th Quarterly BNB Token Burn Worth $1.07 Billion
BNB Chain has successfully completed its 29th quarterly BNB token burn, eliminating over 1.77 million BNB valued at approximately $1.07 billion, according to BNB Chain.
BNB Chain Completes 30th BNB Token Burn, Reducing Supply by Over 1.6 Million BNB
BNB Chain has successfully completed its 30th quarterly BNB token burn, eliminating over 1.6 million BNB from circulation, valued at approximately $1.16 billion.
BNB Chain Completes 32nd Burn, Reducing Supply by Over 1.5 Million BNB
BNB Chain successfully executes its 32nd quarterly token burn, eliminating over 1.5 million BNB tokens from circulation, valued at approximately $1.024 billion.
BNB Chain Completes 33rd Token Burn: Over 1.4 Million BNB Removed
BNB Chain successfully concludes its 33rd quarterly token burn, eradicating over 1.4 million BNB, valued at approximately $1.208 billion, to reduce supply and enhance ecosystem value.
Chiliz (CHZ) Chain Announces Tokenomics 2.0 with Inflation Model and Burn Mechanism
Chiliz Chain introduces Tokenomics 2.0, enhancing utility and blockchain longevity with an 8.80% base rate and token burn mechanism, aiming for a minimum annual yield of 5.72% APY.
No-Kill Animal Organization PAWS Chicago Launches "Dogenations", Accepting Crypto Donations
PAWS Chicago, a large-scale No-Kill animal rescue organization in the Midwestern United States, and Leo Burnett, a creative solutions company, launched a cryptocurrency donation event called "Dogenations".
wBTC Supply Hits 9-Month Low After Major Burn
The supply of wrapped Bitcoin (wBTC) has hit its lowest point since May 2021 following a significant burn of 11,500 wBTC linked to Celsius. The current total supply of wBTC stands at 164,396, with a monthly growth rate of -7.39%. wBTC is an ERC-20 token that mirrors the value of Bitcoin and is pegged 1:1 with its price. It is managed by the decentralized autonomous organization wBTC DAO.
PancakeSwap's CAKE Token Skyrockets by Over 50%
PancakeSwap's CAKE token experienced a 50% surge in a week, thanks to strategic token burn and a new supply cap proposal, marking a significant DeFi milestone.
Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned
Binance's recent burning of 5.57 billion Terra Luna Classic tokens has significantly reduced LUNC supply, leading to a 7% increase in LUNC and USTC prices.