⚡️ 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 ...

The latest ASTER burn removed 1% of tokens from circulation. Credit: Jens Mahnke via Pexels. Key Takeaways Around 78 million ASTER tokens were burned just after midnight (UTC) on Friday morning. Another 78 million ASTER was locked away. Despite reducing its overall supply by 1%, the burn failed to boost ASTER’s price. Upon completing a major buyback program, Aster burned around 78 million ASTER early Friday, equivalent to 1% of the total token supply. Periodic buybacks and disposals are intended ...

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 ...