GateToken (GT) on-chain burn completed in Q1 2025, with a total accumulated burn value exceeding $3.92 billion.

2025-05-14 03:38:50

Abstract generation in progress

Odaily News According to the official announcement, the on-chain destruction of GateToken (GT) for Q1 2025 has officially been completed, with a total of 1,542,910.7518074 GT transferred to the destruction Address, destroying a value of over 33.84 million USD. on-chain transaction details can be found at: Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous burn mechanism, and the total token supply has significantly decreased by approximately 59.54% from the initial 300 million tokens. Key information about this burn: -Total number of tokens destroyed: 1,542,910.7518074 GT -The value of this destruction: approximately 33.8452 million USD

Total cumulative burn: 178,632,323 GT
Total value of cumulative destruction: approximately 3.92 billion USD (calculated at current prices)

GT0.48%

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