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The latest on-chain data shows that a well-known decentralized trading platform completed the burning of 100 million platform tokens at 4:30 AM today. Based on the current market price, this corresponds to a value of approximately $596 million. This burn marks an important milestone in the platform's token governance—previously, the community officially approved a fee burn proposal through a vote, meaning that the transaction fee income generated by the platform will be used for continuous token burns, creating a long-term deflationary mechanism. Such measures typically have a positive impact on the token economic model and are worth watching by traders and ecosystem participants for subsequent market performance.