NFT Market Dynamics - pnkstr automated 17 CryptoPunks purchases worth $1.4 million [1] - The protocol systematically accumulates NFTs, removing emotional factors [1] Tokenomics & Mechanism - A 10% tax is converted into Punk purchases, which are then relisted at 1.2x the price [1] - Proceeds from sales are used to burn tokens [1] - 32.5 million tokens have already been burned [1] Valuation & Holdings - The market capitalization is $74 million, holding $1.4 million in NFTs [1]

RT BSCN (@BSCNews)🔥 $ION TOKEN BURNS & WHY THEY MATTER... Everyone knows that token burns can help create a deflationary economy, but @ice_blockchain's approach is a little different... 👇https://t.co/am4MsPZDnV ...

State of @VenusProtocol Q2Key Update: Venus Protocol launches "Afterburn" program, allocating a significant portion of BNB Chain revenue to XVS token burns, potentially boosting token value.QoQ Metrics 📊• Total Value Borrowed ⬆️ 9.3%• Daily Active Users ⬆️ 71.6%• BTC-backed collateral ⬆️ 25.9%Read the full report 👇Mohamed Allam (@PlagueObserver):Q2 Highlights @VenusProtocolOnchain activity picked up across the board:• Avg daily users jumped 71.6% QoQ to 1,522• Deposit transactions surged 43.5%• Liquidations ...