Token Burn
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.
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.
PancakeSwap Burns Nearly 9.2 Million CAKE, What It Means?
PancakeSwap burns 9 million CAKE tokens, valued at $24 million, to reduce supply and potentially increase token value, but CAKE's price remains volatile due to market trends and investor sentiment.
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.
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 Coin to Burn Automatically Rather Than Quarterly
Binance Coin (BNB), the digital currency of the Binance ecosystem will no longer be subjected to a quarterly burn as the exchange has introduced an automatic burning schedule to replace the former.