A major mainstream DEX treasury has just made a big move—burning a full 100 million governance tokens. There is actually a complete mechanism behind this operation.



Earlier, the community voted to approve the fee burn proposal, and now this decision has been implemented. From now on, the transaction fees collected by the DEX from users will no longer sit idle in the treasury, but will be directly used to buy back and burn governance tokens. This practice is becoming increasingly common in Web3 projects—continuously burning to reduce circulating supply, which in theory can support the token's value.

For trading users, this means the platform is using real funds to maintain the health of the token ecosystem. Such visible deflationary mechanisms often attract attention and also demonstrate the project's commitment to long-term development. Future fee burns will become routine operations and an important part of the token economic model.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MetaverseMortgagevip
· 10h ago
Burning 100 million tokens directly, that's quite a move. But to be honest, the destruction mechanism has become quite common now; it depends on whether it can truly sustain the price in the future.
View OriginalReply0
CantAffordPancakevip
· 10h ago
100 million tokens burned directly? That's impressive. Finally, a project daring enough to take real action.
View OriginalReply0
SigmaValidatorvip
· 10h ago
Burn 100 million tokens? Wow, this time they're really serious.
View OriginalReply0
RugPullProphetvip
· 10h ago
Well... burning 100 million tokens directly looks pretty harsh, but this deflationary mechanism has long been played out, hasn't it?
View OriginalReply0
MonkeySeeMonkeyDovip
· 10h ago
100 million tokens destroyed directly. That's a bold move, but can it really sustain the price?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)