⚡️ NEW: Uniswap's fee switch proposal on track to pass with 62M votes already cast, voting closes Thursday and could trigger UNI token burns. https://t.co/BzrDvPigye ...

Core Insights - Aster completed a major buyback program, burning approximately 78 million ASTER tokens, which is 1% of the total supply [1][8] - The buyback initiative aims to reduce ASTER inflation, but the recent burn did not lead to a significant increase in the token's price [1][4] Group 1: Token Burn and Buyback Program - Aster has conducted three buyback "seasons" since September, removing over 296 million ASTER tokens from circulation [2] - The latest buyback, Season Three, was the largest, concluding with nearly 156 million tokens being bought back [2] - Following the established pattern, half of the tokens from Season Three were burned, while the other half is reserved in time-locked smart contracts for future airdrops [3] Group 2: Market Reaction and Price Dynamics - Initially, after the burn, ASTER's price rose from $1.02 to a peak of $1.05, but this increase was not sustained, and the price reverted to around $1.04 [4][8] - The market's mixed signals and overall volatility complicate predictions for ASTER's future price movements [5] - The cyclical nature of ASTER burns may lead the market to anticipate these events, similar to the periodic burn schedule of BNB [5][6]

Token Burn - 13% of SANTA token supply will be burned on November 7th [1] - The company aims to make $SANTA a rare gem [1] Call to Action - Encourages acquisition of $SANTA at a cheap price [1]

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 ...