Nickel advanced for a third day, extending its rebound from an eight-month low on the prospect of reduced supply from top producer Indonesia https://t.co/SW2ghNEpEE ...

Acquisitions & Vertical Integration - Company bought Padre to capture over $5 million daily flowing to trading bots [1] - Company now owns the entire stack from token creation to DEX to trading terminal [1] - Vertical integration in crypto suggests permanent supply reduction and revenue expansion for the company [1] Tokenomics & Supply - Company has executed $146 million in buybacks this year, ranking third behind Ethena and Aave [1] - 94% of the token supply has already been removed through buybacks [1] - Unlike most protocols that dilute to grow, this company grows to burn tokens [1]

Token Burn & Supply Reduction - OKX 宣布大规模代币销毁和减少供应量，OKB 价格上涨 [1] - OKX 在 8 月 15 日销毁了价值约 260 亿美元的 OKB [1] - OKB 代币总供应量从 3 亿枚减少到 2100 万枚 [1] Market Reaction - 市场对 OKX 减少 OKB 代币供应量反应积极 [1] - OKB 在代币销毁后再次上涨 [1] OKX Strategy - OKX 加强对 X-Layer 的关注 [1]

Supply Dynamics - Daily fees funding at $29.73 million [1] - 10% monthly supply reduction observed [1] - Assistance fund repurchased the entire month's emissions within 3 days [1] Market Impact - Price discovery mechanism is disrupted [1]