ChainCatcher news, the DOGS official announced on their Telegram channel that a token burn event for DOGS and NOT will take place tomorrow at 9 PM Beijing time. They also stated that they will live stream the destruction of tokens worth 4 million dollars on X.com Space.

ChainCatcher news, Sun Yuchen stated in a post yesterday that the burn of the SUN token will be announced soon and will become more regular. The team is currently focused on resolving API issues related to revenue data."But there is no doubt that 100% of SUN's revenue will be used for burns, which reflects our core value: everything in the crypto space should stay in the crypto space."

ChainCatcher message, Sun Yuchen stated on his social platform that due to SunPump's earnings exceeding expectations, the SUN community plans to conduct the first SUN earnings burn ahead of schedule. Specific details will be announced later.

ChainCatcher message, SunDog officials stated on social media that the trading fee profits generated by SUNBOT in the past 30 days will be used to buy back and burn SUNDOG. On August 22 alone, SUNBOT generated nearly 20 million dollars in trading volume, with over 40,000 users and 150,000 dollars in trading fees.In addition, on August 23, SUNDOG worth over 50,000 dollars has also been bought back and burned. Currently, this buyback and burn activity will continue for another 28 days.

ChainCatcher news, the liquid staking protocol StaFi Protocol has initiated a proposal to burn FIS tokens, suggesting the destruction of all FIS tokens continuously flowing into the treasury address. This action aims to reduce the FIS inflation rate from around 10% to about 6%, thereby transforming the token into a deflationary model.

ChainCatcher news, CoinGecko disclosed data on the X platform showing that in the first half of 2024, Uniswap was the application protocol with the largest amount of ETH burned, totaling approximately 7.1915 ETH. However, the burn rate decreased by 72.4% quarter-on-quarter, dropping from 54,413 ETH in the first quarter to 15,031 ETH in the second quarter. ETH Transfer ranked second, having burned 33,538 ETH so far this year; Tether (USDT) is the third-largest protocol by ETH burned, with approximately 23,332 ETH burned in 2024 to date.

ChainCatcher message, according to Whale Alert monitoring, USDC Treasury burned 50,117,000 USDC around 23:52 Beijing time today.

According to ChainCatcher news, the WEMIX Foundation announced the termination of the WEMIX token burn plan and will redirect resources towards ecosystem expansion. At the same time, its team will continue to promote a deflationary token economy through the WEMIX Pay buyback plan, committing to use at least 4-5% of WEMIX Pay revenue for buybacks.It is reported that the WEMIX Foundation has implemented token burns in various ways, including six large-scale burns, batch burns, and automatic burns.Previous news indicates that during the Brioche hard fork on July 1 of this year, the foundation burned 435 million WEMIX (40% of the total issuance) and implemented a block minting halving mechanism.

ChainCatcher message, the Gala community has initiated a governance proposal regarding the "temporary GALA token contract upgrade and token burn."The proposal states that, in light of recent security incidents that led to the unauthorized minting and sale of approximately 600 million GALA tokens, as well as the permanent locking of about 4.4 billion tokens, this proposal aims to formally burn approximately 4.4 billion GALA tokens, along with about 600 million GALA tokens from the GALA treasury, to ensure the stability and sustainability of the ecosystem.Due to the upgradable nature of the GALA contract, the proposed changes will not require exchanges to conduct swaps or relist, and can be executed without affecting all GALA token users.It is reported that this move will involve upgrading the GALA contract, including the explicit and irreversible destruction of the same amount of unauthorized tokens or tokens deemed illegally obtained by law enforcement, and enhancing the security features of the contract to prevent future unauthorized access or breaches.

ChainCatcher news, BOME founder Darkfarms revealed on social media that they are currently conducting final tests on a token burn application. This tool will allow users to input their own or others' ETH wallets, and after burning 888 BOME tokens (the specific amount may change after testing), they will be included in the free claim and airdrop list.Darkfarms stated that if the testing goes smoothly, they will continue to develop a CC0 meme art distributor, which will not only support JPEGs on Ethereum and Base chains but will also support other artists and projects' blockchains.Darkfarms added that BOME will be burned on Solana, and the airdrop may be claimed on Ethereum or Base.

ChainCatcher news, Dune data shows that the total value of SLERF token burns has exceeded 6 million dollars, currently reaching 6.037 million dollars. The total trading volume of the token on exchanges has reached 5.423 billion dollars, and the number of independent token holders is 60,668.

ChainCatcher news, the encrypted perpetual contract trading platform OX.FUN announced the completion of the first OX token burn, with a total of 2.2 million tokens burned.

ChainCatcher news, the AI-driven Web3 ACGN creator ecosystem ACGN Protocol announces the launch of a token burn plan, expecting to burn 1,176,595 AIMEME tokens.

ChainCacther message, LooksRare official posted on X platform stating that the LOOKS token burn has begun.

ChainCatcher message, Binance announced that to facilitate the withdrawal of Binance-pegged tokens on their original network, Binance will initiate a process of burning and releasing. Binance stated that on February 13, it processed USDC (ERC20) withdrawals: first, it will burn the USDC pegged to Binance, and then the USDC will be released to wallets for users to withdraw. Binance reiterated that the tokens pegged to it are 100% collateralized and verifiable. (source link)