Entangle announces a reduction in the circulating supply of NGL and the destruction of 25% of team tokens
ChainCatcher news, Entangle announced a significant reduction in the issuance of $NGL tokens and burned 25% of the team tokens to demonstrate long-term transparency.
By burning 25% of the team tokens, the circulating supply is permanently reduced by 3%, and 2.5% of the liquidity supply is locked for one year. The $NGL token economic model now demonstrates the long-term sustainability needed to support the infrastructure.
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