Recently, Gate announced another GT burn data, with 1.92 million GT transferred to the Burn Address, valued at approximately 39 million USD. Calculating this, the total amount of GT burned has exceeded 180 million, with the Circulating Supply reduced by more than 60%. This data not only reflects Gate's firm execution of the deflationary mechanism but also demonstrates the platform's commitment to the long-term value of GT.


Unlike many projects that rely on short-term hype for burning, Gate's burn strategy is sustainable, based on the exchange's robust revenue and reserves (currently over $10 billion). This transparent, long-term burn mechanism instills greater confidence in GT holders and provides stable value support to the market.
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