Tag: burn

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Lighter to Burn Repurchased LIT, Fund Staking from Ecosystem Reserve

The perpetuals exchange will start burning the LIT it buys with revenue and tap its token reserve to keep staking yields flowing.Lighter, one of...

Aster (ASTER) popped over 10% on radical ‘buyback and burn’ upgrade. But gains were short-lived

The upgrade marks a shift away from the protocol's previous linear vesting model, in which tokens were auto-released to market regardless of demand, and...

io.net Ties Token Burn to Real AI Demand After $8M Enterprise Deal

io.net is tying its token economy more closely to customer revenue.The decentralized GPU network said today that it expects to burn at least 12...

WLFI Proposes Vesting Plan for 62B Tokens With Conditional Burn

Decentralized finance (DeFi) platform World Liberty Financial on Wednesday posted a governance proposal that would place 62.28 billion locked WLFI tokens under new multiyear...

HYPE jumps 5% as token burn offsets $316 Million unlock, JUP gains weekly on supply freeze

Hyperliquid's HYPE token outperformed bitcoin BTC$66,872.15 and the broader market as traders flocked to the decentralized exchange over the weekend, placing bullish bets on...