token burn

According to reports, the cryptocurrency exchange Huobi destroyed 827226 HT tokens in the first quarter of 2023. Since the launch of the mechanism on April 15th, a total of 2969892

On March 6, PancakeSwap, a decentralized trading platform, destroyed about $27 million of CAKE tokens (7153999) today, including the fees earned from PancakeSwap’s trading, lottery, NFT market and forecast market. In addition, PancakeSwap will launch V3 in the first week of April, and will launch air drop and NFT activities. Interpretation of this information: PancakeSwap, a decentralized trading platform, has recently burned about $27 million worth of CAKE tokens, which include the fees earned from its different markets such as trading, lottery, NFT, and forecast market. This means that the…

According to reports, according to Etherscan data, Paxos Treasury destroyed 93823673 BUSDs one hour ago (18:10:47 UTC on February 20). Interpretation of this information: The message states that Paxos Treasury destroyed a total of 93,823,673 BUSDs an hour ago, based on Etherscan data. BUSD stands for Binance USD, a stablecoin pegged to the US dollar and issued on the Binance blockchain. Stablecoins like BUSD allow users to make transactions without worrying about the volatility of cryptocurrency prices. BUSD can also be redeemed for actual US dollars, making it an appealing…