SunPump Revenue Once Again 100% Allocated to SUN Buyback and Burn
Odaily Planet Daily – According to the official announcement, in order to continuously promote the healthy development of the ecosystem, starting from September 4, 2024, all revenue generated by the SunPump platform has been used for the repurchase and burning of SUN tokens. In this period, a total of 124,864,844.6483 SUN tokens have been burned and have all been transferred to the black hole address. Since December 15, 2021, the total number of SUN tokens repurchased and burned through SunPump revenue has reached 285,879,914.81. This strategic initiative aims to enhance the scarcity and value of the SUN token, continuously inject strong deflationary momentum into the token economy, and lay a solid foundation for the long-term and stable development of the ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
