🚀 TonUP Announces Permanent Token Burn and Community Vote on DAO Token Destruction
#TonUP #TokenBurn #CommunityVote #DAOToken #Cryptocurrency #Blockchain #Ecosystem #TokenDestruction
According to Foresight News, TON ecosystem's launchpad platform TonUP has released a letter from its founder to the community, announcing the permanent destruction of 13 million UP tokens. This burn permanently removes 13% of the total UP token supply, corresponding to the entire team and advisor shares.
Additionally, TonUP has announced a proposal to destroy DAO share tokens. The community will vote on this proposal over a three-day period starting tomorrow, deciding whether to burn 30% of the tokens.#TonUP #TokenBurn #CommunityVote #DAOToken #Cryptocurrency #Blockchain #Ecosystem #TokenDestruction
🚀 USDC Treasury Destroys 50 Million USDC Tokens
#USDC #Treasury #TokenDestruction #Cryptocurrency #WhaleAlert
According to PANews, Whale Alert monitoring revealed that at 17:50 UTC+8, the USDC Treasury destroyed 50,000,000 USDC tokens, valued at $50,032,685.#USDC #Treasury #TokenDestruction #Cryptocurrency #WhaleAlert
🚀 USDC Treasury Destroys Over 50 Million USDC Tokens
#USDC #Treasury #TokenDestruction #WhaleAlert #Cryptocurrency #Blockchain
According to PANews, Whale Alert reported that at 22:23 UTC+8, the USDC Treasury destroyed 50,050,000 USDC tokens, valued at approximately $50.04 million.#USDC #Treasury #TokenDestruction #WhaleAlert #Cryptocurrency #Blockchain
🚀 USDC Treasury Destroys 55 Million Tokens on Ethereum
#USDC #Ethereum #Stablecoin #TokenDestruction #Blockchain #CryptoNews #ETH
According to BlockBeats, WhaleAlert has reported that the USDC Treasury has destroyed 55 million USDC tokens on the Ethereum blockchain. This action is part of the ongoing management and regulation of the stablecoin's supply.#USDC #Ethereum #Stablecoin #TokenDestruction #Blockchain #CryptoNews #ETH
🚀 WLFI Protocol Implements Permanent Token Burn Strategy
#WLFI #WorldLibertyFinancial #POL #ProtocolOwnedLiquidity #TokenBurn #PermanentTokenBurn #BurnStrategy #Buyback #TokenDestruction #Ethereum #BSC #Solana #CryptoNews #Blockchain
According to BlockBeats, World Liberty Financial's proposal to use all fees generated from WLFI protocol-owned liquidity (POL) for public market buybacks and permanent token destruction has been approved, with 99.84% of voters in favor.
The term 'protocol-owned liquidity' refers exclusively to fees generated from liquidity controlled by WLFI, excluding fees from community and third-party liquidity providers. Essentially, WLFI collects fees from its liquidity positions on Ethereum, BSC, and Solana chains, using these fees to repurchase WLFI tokens in the market. The repurchased tokens are then sent to a burn address, resulting in a permanent reduction in supply.
The official statement indicates that if the proposal is implemented, WLFI will use this as the foundation for a continuous buyback and burn strategy. As the ecosystem develops, there are plans to explore incorporating other protocol revenue sources into this initiative, gradually expanding the scale of WLFI buybacks and token destruction.#WLFI #WorldLibertyFinancial #POL #ProtocolOwnedLiquidity #TokenBurn #PermanentTokenBurn #BurnStrategy #Buyback #TokenDestruction #Ethereum #BSC #Solana #CryptoNews #Blockchain
🚀 USDC Treasury Destroys 55 Million Tokens on Ethereum Blockchain
#USDC #Ethereum #TokenDestruction #TokenBurn #SupplyManagement #DigitalAssets #CryptoNews #PANews #WhaleAlert #CryptoMarket
According to PANews, Whale Alert has reported that the USDC Treasury has destroyed 55 million USDC tokens on the Ethereum blockchain. This significant action reflects ongoing adjustments within the digital currency landscape. The destruction of tokens is a common practice used to manage the supply and value of cryptocurrencies. Such measures can influence market dynamics and investor sentiment, highlighting the evolving nature of digital asset management.#USDC #Ethereum #TokenDestruction #TokenBurn #SupplyManagement #DigitalAssets #CryptoNews #PANews #WhaleAlert #CryptoMarket
🚀 Yearn Recovers $2.4 Million Through Token Destruction
#Yearn #pxETH #TokenDestruction #PeckShield #RedactedCartel #CryptoSecurity #ETH
According to ChainCatcher, PeckShield announced on the X platform that Yearn has successfully recovered $2.4 million by destroying the hacker's pxETH tokens. The same amount was minted on the Redacted Cartel multisig.#Yearn #pxETH #TokenDestruction #PeckShield #RedactedCartel #CryptoSecurity #ETH
🚀 USDC Treasury Destroys Over 5,100 Tokens on Solana
#USDC #Treasury #Solana #TokenDestruction #WhaleAlert #Cryptocurrency #Blockchain #SOL
According to PANews, Whale Alert has reported that the USDC Treasury has destroyed more than 5,100 USDC tokens on the Solana blockchain.#USDC #Treasury #Solana #TokenDestruction #WhaleAlert #Cryptocurrency #Blockchain #SOL
🚀 Unauthorized USR Tokens Removed from Circulation After March Attack
#USRtokens #MarchAttack #TokenRemoval #Odaily #Blacklist #TokenDestruction #wstUSR #CryptoSecurity
Approximately 46 million of the 80 million unauthorized USR tokens issued during the March 22 attack have been removed from circulation. According to Odaily, this represents about 57% of the total unauthorized tokens. The removal was achieved through token destruction and blacklisting processes. Currently, the addresses involved in the attack no longer hold assets that can be transferred or exchanged. Around 9 million USR tokens were destroyed in two transactions on March 22, while an additional 36 million tokens stored as wstUSR in related addresses were blacklisted through a contract upgrade.#USRtokens #MarchAttack #TokenRemoval #Odaily #Blacklist #TokenDestruction #wstUSR #CryptoSecurity