ChainCatcher news, ALIENX has announced a large-scale token burn plan AIX BURN MOON, which will burn up to 250 million AIX tokens in the next 30 days, accounting for 25% of the total supply.According to ALIENX's announcement, this burn plan consists of two main parts:200 million AIX will be burned from the team’s share, accounting for 100% of the team’s share, equivalent to 20% of the total supply.50 million AIX will be burned from the community ecosystem, accounting for 5% of the total supply.The AIX BURN MOON mechanism will be launched on October 25, 2024, and will last for 30 days until November 24.

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."

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 news, the cross-chain NFT protocol Holograph stated in a post on X that on June 13, 2024, the Holograph protocol was subjected to an illegal attack, where malicious actors expanded the total supply of HLG (the native token of the Holograph ecosystem).As part of the attack, the malicious actors transferred 1 billion HLG to multiple centralized exchanges and began to sell off aggressively. After alerts were sent to the exchanges, approximately 200 million HLG were successfully frozen and are currently being recovered through law enforcement procedures.Currently, about 800 million HLG remain in circulation on the market. Following extensive discussions with various sectors of society, a plan to restore the total supply of HLG to 10 billion has been initiated. The first batch of 53,249,975 HLG has been burned, leaving 946,750,025 HLG to be burned.Previous news, the cross-chain NFT protocol Holograph released an update regarding the recent security incident, stating that a former contractor exploited a vulnerability to mint an additional 1 billion HLG tokens on Mantle, resulting in the protocol being temporarily locked.

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.