JST's cumulative burn rate has reached 10.96%, with over 1.085 billion tokens transferred to a blackhole address
Svmuu News: According to on-chain data from TRONSCAN, JST has been transferred to the blackhole address T9yD14Nj9j7xAB4dbGeiX9h8unkKHxuWwb for permanent destruction. To date, the total amount of JST destroyed at this address stands at 1,084,891,079 tokens, corresponding to a value of approximately $44.83 million, representing 10.96% of the total JST supply. This large-scale burn not only demonstrates the project team’s commitment to advancing the deflationary mechanism but also reinforces the scarcity underpinning JST’s value, marking a new phase of deflation-driven value growth for the JST ecosystem. (Note: A blackhole address refers to a special on-chain address used to permanently lock tokens for destruction.)
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Oil prices fall to three-week low after Trump calls off planned attack
-
2
DeItaone reports multiple institutions, including JPMorgan, HSBC, and Jefferies, raised price targets for various companies
-
3
FXE Token and the ETF of the Same Name: Investment Value Analysis and Risk Warning
-
4
USDT Stablecoin Trading Platform Selection Guide: Which Platform is Right for You?
-
5
Nissan Motor reports Q1 net profit of 3.7 billion yen ($24 million), first quarterly profit in 2 years, maintains full-year target
-
6
Morgan Stanley's Wilson Tips Earnings to Revive Momentum Trade
-
7
USDC on-chain issuance increased by 60 million, worth approximately 60 million US dollars.
-
8
Bitcoin Cash (BCH) Prospects Analysis: Unpacking Technical Highlights and Diverse Application Scenarios
-
9
Hong Kong 'Lonely Heart' Scammed for $3.3M in Crypto Romance Investment Fraud; Malaysian Authorities Express Displeasure Over Blockchain Week After-Party's OnlyFans Scandal
-
10
Microsoft's stock is on a run not seen in 26 years, erasing its year-to-date losses
Markets Today
Recommended Reading





