ChainCatcher news, according to Whale Alert monitoring, USDC Treasury burned 50 million USDC on the Ethereum chain a few minutes ago.

ChainCatcher message, the Beam Foundation disclosed the latest data on platform X, stating that as of now, 40,803,498,453 BEAM tokens have been burned, aiming to continue strengthening the ecosystem using a deflationary model.

ChainCatcher news, according to the official announcement, OKX has completed the 27th OKB burn today, with a total of 31,158,862 tokens burned. Currently, a total of 171,305,654.15 OKB has been burned.

ChainCatcher message, supported by the official four.meme BNBChain ecological meme project Perry, has burned 6% of the total supply of tokens through the community token burn proposal as of now.Perry is a community-driven meme project on the BSC ecosystem and is also the project labeled as CTO by four.meme.

ChainCatcher news, the on-chain trading platform Burn announced that it will launch its mainnet on March 18, 2025, at 6:00 AM (UTC), and simultaneously start a trading rewards program with a limited distribution of invitation codes. Early users will have the opportunity to acquire points at the lowest cost to redeem for $BURN credits.It is reported that Burn is a new on-chain trading platform based on Solana, utilizing an upgraded "super curve" mechanism that eliminates reliance on LPs, allowing tokens to gain sufficient liquidity without graduation, and optimizing the token growth trajectory for faster growth and better market depth.In addition, Burn's smart contracts are fully open-source and discard upgrade permissions, eliminating the risk of liquidity removal. $BURN will only be supported for trading within the platform in the early stages to ensure a fair launch.

ChainCatcher news, according to The Block, the AI concept token Venice has completed its community airdrop, with approximately $100 million worth of unclaimed VVV tokens permanently destroyed on Wednesday. Since the VVV token launched on the Ethereum Layer 2 Base network on January 27, over 40,000 people have claimed a total of 17.4 million VVV tokens, accounting for 35% of the total community allocation.The 32.6 million VVV tokens destroyed this time represent 65% of the total community allocation, equivalent to one-third of the total genesis supply, significantly reducing the circulating supply in the market. Nevertheless, 14 million VVV tokens will still be added each year, with an initial inflation rate of 14%, which will gradually decrease based on the "usage rate" of the Venice API.Venice stated that it has not conducted VC financing, pre-sales, or over-the-counter trading, and has repurchased and destroyed 1% of the previously sold genesis supply tokens in response to community concerns. In the future, Venice plans to launch an image engine, social dynamics, mobile applications, and updates to the token economy.

ChainCatcher news, according to Whale Alert monitoring, at 19:26 Beijing time, USDC Treasury burned 50 million USDC on the Ethereum chain.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury has burned 102 million USDC on the Ethereum chain.

ChainCatcher news, according to official sources, the multi-chain decentralized exchange PancakeSwap has just burned 9,586,824 CAKE tokens, worth approximately 15 million dollars.

ChainCatcher news, the Roam reverse burn feature has been launched, allowing users to convert ROAM tokens back to Roam Points within the app. The reverse conversion rate is based on the average rate of the general pool and the sticker pool, with 97% of the reverse burn tokens being immediately destroyed. This mechanism and the official burn pool feature will be activated after the TGE. Since the conversion efficiency of the sticker pool is higher than that of the general pool, users holding enough stickers can convert tokens into points through the reverse mechanism and then burn them in the normal sticker pool to earn more tokens for arbitrage. The number of stickers is the key burning material, which can only be obtained by checking in through the app. This process incentivizes users to participate in network validation, enhancing the value of ecological data, advertising, and traffic, and increasing cash income.The Roam burn pool went live on March 8 at 7:30 AM Beijing time. Through a dual burn mechanism, it will achieve dual deflation of points and tokens, ensuring the long-term stability of both values. Previously, on March 6 at 6:00 PM, ROAM spot trading went live, opening at $1.0433 and later stabilizing at $0.39, with trading volume exceeding expectations. The contract feature was launched on March 7 at 6:00 PM on seven exchanges including Bybit, Bitget, and LBank, supporting 1-50x leverage perpetual contracts, with a strong market response further injecting momentum into the ecosystem.

ChainCatcher news, the BNBChain ecosystem meme Perry community has initiated a burn proposal, targeting the distribution of approximately 90 million PERRY tokens in the PancakeSwap yield pool, of which 30 million will be used to establish the Perry community CTO management fund, and the remaining 60 million PERRY will be entirely burned, accounting for 6% of the total PERRY token supply. Currently, the proposal has been approved, with a total of 409 valid votes, 389 in favor and 20 against.In addition, the proposal has received support from the Four.Meme project, which stated that it will assist Perry in the token burn.

ChainCatcher news, according to monitoring by ai_9684xtpa, 8 hours ago, the Gate hot wallet transferred 2,904,885 GT (worth 63.88 million USD) to the address 0x2b8...5f308. This address is completely consistent with the receiving address in the destruction records officially announced in the third quarter. If the destruction is confirmed, the total amount of GT destroyed will increase to 177 million (approximately 3.9 billion USD); currently, Gate has not yet released the destruction announcement for the fourth quarter, and official information should be considered as the standard.

ChainCatcher news, according to WhaleAlert monitoring, at 16:13 Beijing time, USDC Treasury burned 50 million USDC on the Solana chain.Previous news, according to Whale Alert monitoring, at 22:35 Beijing time, USDC Treasury burned 50,025,000 USDC, currently valued at approximately 50,031,002 USD.

ChainCatcher news, according to Whale Alert monitoring, at 22:35 Beijing time, USDC Treasury burned 50,025,000 USDC, currently valued at approximately 50,031,002 USD.

ChainCatcher message, PancakeSwap disclosed data on platform X stating that 5,675,332 CAKE have been burned, worth approximately 10 million dollars.

ChainCatcher news, according to Whale Alert monitoring, approximately 2 hours ago, 2 billion USDT were destroyed by Tether Treasury.

ChainCatcher news, the Axelar token burn page is now live. Since the network upgrade was completed on February 21, over 90,000 AXL tokens have been burned in the past 5 days, with the current inflation rate at 4.8%.The Axelar Cobalt upgrade strengthens the AXL token economic model, ensuring that 98% of AXL transaction fees from new cross-chain interoperability connections are burned, while the remaining 2% is transferred to the community fund pool. The new blockchain connects through the Interchain Amplifier, a mechanism that is part of Axelar's Mobius Development Stack (MDS), and provides security through AXL staking in the validator reward pool. The reward pool supports new connections without the need for inflationary incentives.

ChainCatcher news, Sky co-founder Rune posted on the X platform stating that the "SKY Smart Burn Engine" has just been launched, purchasing and burning SKY tokens at a rate of approximately 1 million USDS per day.

ChainCatcher message, the planned network upgrade for Axelar has been successfully completed. The Axelar network, Satellite, cross-chain token services, relay services, token transfers, and general messaging have been restored online.The Gas fees for Axelar network transfers (AXL tokens) are now sent to the burn address, instead of being allocated to token holders.

ChainCatcher message, according to Whale Alert monitoring, about 2 minutes ago, an unknown wallet has burned 20,933 MKR again, worth $24,398,621. This wallet had burned 17,362 MKR approximately 40 minutes ago.