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burn
Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash
The tokens are part of John Mullin's team allocation that were staked when the network first started in October 2024.
Floki Price Surges 100% as Burn Proposal Passes
As reported last week, the burn removes 2% of the tokens from the circulating supply.
Flare Network Will Burn 2.1B FLR to Support Ecosystem Health
Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026.
KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes
The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned.
Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
OKX periodically buys back and burns the tokens to reduce their supply on the open market.
Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure
The BUSD supply decreased by more than 6% since Monday.
Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion
Some 12 trillion VOLT were staked in favor of the token burn proposal.
BNB Chain Burns Over $575M in BNB Tokens, Binance Confirms
Since the introduction of BEP95, over 145,000 BNB has been burnt under this mechanism.
Gaming DAO Merit Circle to Burn Nearly $170M Worth of MC Tokens
With the move, 200 million of Merit Circle's total supply of 1 billion tokens will be taken out of circulation.
Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution
As algorithmic stablecoin UST and luna (LUNA) continue to fall precipitously, Terra has proposed to burn UST and increase the available pool of luna as a solution to the crisis. "The Hash" team discusses the plan and whether or not it could save Terra from total collapse.
