burn
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A wallet burned 99,755 WHYPE tokens, worth over $5.935 million
Svmuu News: According to Whale Alert, a wallet with the address “0x5db2” burned 99,755 WHYPE tokens, worth approximately $5,935,687.
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BNB Chain Completed Its 36th Quarterly BNB Burn, Destroying Approximately 1,615,800 BNB Worth $932 Million
Svmuu News: The BNB Foundation announced that BNB Chain has completed its 36th quarterly BNB burn, which is also the third quarterly burn of 2026.A total of 1,615,827.795 BNB were burned in this round
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GateToken (GT) Q2 2026 On-Chain Burn Completed; Total Value Burned Exceeds $1.311 Billion
Svmuu News: According to an official announcement, the on-chain burn of GateToken (GT) for the second quarter of 2026 has been officially completed. A total of 2,570,063.3829548 GT were transferred to
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Analysis of USTC’s Supply Management and Liquidity Issues
Terra Classic USD (USTC) was once an algorithmic stablecoin on the Terra blockchain, designed to maintain a 1:1 peg to the U.S. dollar. However, the “de-pegging” incident in May 2022 caused its value to plummet and led to the failure of its stabilization mechanism. Currently, USTC’s supply management relies primarily on community-led burn initiatives, with the aim of reducing the circulating supply and supporting its re-pegging. Despite the community’s numerous efforts, USTC continues to face challenges regarding liquidity and market performance, and it remains uncertain whether it will be able to restore its peg to the U.S. dollar.
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Solana proposes upgrade draft SIMD 547, aiming to increase long-term SOL burn
Svmuu reports that the Temporal team has submitted an upgrade draft SIMD 547 in the Solana governance forum, proposing to adopt a resource-demand-based fee model on Solana (100% of new fees will be bu
-
A wallet burned 99,755 WHYPE tokens, worth over $5.935 million
Svmuu News: According to Whale Alert, a wallet with the address “0x5db2” burned 99,755 WHYPE tokens, worth approximately $5,935,687.
-
BNB Chain Completed Its 36th Quarterly BNB Burn, Destroying Approximately 1,615,800 BNB Worth $932 Million
Svmuu News: The BNB Foundation announced that BNB Chain has completed its 36th quarterly BNB burn, which is also the third quarterly burn of 2026.A total of 1,615,827.795 BNB were burned in this round
-
GateToken (GT) Q2 2026 On-Chain Burn Completed; Total Value Burned Exceeds $1.311 Billion
Svmuu News: According to an official announcement, the on-chain burn of GateToken (GT) for the second quarter of 2026 has been officially completed. A total of 2,570,063.3829548 GT were transferred to
-
Solana proposes upgrade draft SIMD 547, aiming to increase long-term SOL burn
Svmuu reports that the Temporal team has submitted an upgrade draft SIMD 547 in the Solana governance forum, proposing to adopt a resource-demand-based fee model on Solana (100% of new fees will be bu
-
Analysis of USTC’s Supply Management and Liquidity Issues
Terra Classic USD (USTC) was once an algorithmic stablecoin on the Terra blockchain, designed to maintain a 1:1 peg to the U.S. dollar. However, the “de-pegging” incident in May 2022 caused its value to plummet and led to the failure of its stabilization mechanism. Currently, USTC’s supply management relies primarily on community-led burn initiatives, with the aim of reducing the circulating supply and supporting its re-pegging. Despite the community’s numerous efforts, USTC continues to face challenges regarding liquidity and market performance, and it remains uncertain whether it will be able to restore its peg to the U.S. dollar.
burn
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