Osmosis is a decentralized trading platform focused on cross-chain liquidity. This event will permanently remove a record 609,000 OSMO tokens from circulation. Marking the largest burn in the platform’s history, the initiative aims to optimize the token’s economic model and enhance its value. In the current Web3 landscape, token burns have become a key strategy for projects seeking to strengthen long-term value.
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.31% | 10.5% | 4.39% | 6.61% | 70.7% |