Space ID recently burned over 270k IDs. In the past three months, the platform earned $110k in revenue, with about half, $55k, used for buybacks. Specifically, they burned exactly 275,378 IDs.



Space ID's revenue distribution structure is quite transparent, with the other half, aside from the buybacks, moved to the DAO treasury multi-signature. There is a growing trend of projects regularly burning tokens in this manner.
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