A token burn proposal from a leading DEX was approved two days ago, and subsequently, 100 million tokens (with a market cap of approximately $596 million) were officially burned from the treasury early this morning. This operation marks the official launch of the platform's deflationary mechanism.

According to the specific details of the proposal, future transaction fee revenues generated by the platform will also be included in the burn plan, rather than being allocated to other uses. This means that every transaction will indirectly contribute to reducing the token supply.

Such burn mechanisms have become a common tokenomics design in the crypto market, aiming to balance token value by decreasing circulating supply. The scale of this operation is significant, and the market is watching how the subsequent fee burns will influence market expectations.