GT completed the second quarter burn, with a total burn amount exceeding 180 million.

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[Block Rhythm] On July 7, according to monitoring, GateToken (GT) has completed the on-chain destruction operation for the second quarter of 2025, with a total of 1,922,789.196841 GT transferred to the destruction address. So far, the total amount of GT destroyed by the Gate platform has exceeded 180 million.

Analysis has pointed out that many trading platforms have recently put the quarterly destruction mechanism on the agenda, and the on-chain deflation trend is becoming increasingly significant.

Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous destruction strategy, reflecting the platform's long-term commitment to its deflationary economic model.

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BakedCatFanboyvip
· 07-10 02:49
Large Investors on-chain are really powerful, and they are also implementing deflation.
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GasWastervip
· 07-07 04:24
gotta love these burns. less supply = more gainz, amirite
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MultiSigFailMastervip
· 07-07 04:18
It's the old trap again.
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A322119322119vip
· 07-07 03:55
How much has it fallen?
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