Tokenomics | ForkLog

ForkLog 11 14.08.2023

The Sandbox unlocks $130 million worth of SAND tokens

The Sandbox metaverse platform unlocked 332.55 million SAND tokens valued at about $130 million. This volume increased the asset's circulating supply by 16% of the total issuance, according to Token.Unlocks.

AI translated

ForkLog 27 03.08.2023

SAFTs and token warrants: what ails them and what alternatives exist

Web3 entrepreneur Vladimir Menaskop on the risks for the industry posed by token warrants and related venture-capital tools.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 11 23.07.2023

DeFi project Parrot proposed to redeem PRT tokens at a loss of around 90% of investors’ funds

The Parrot Protocol team on Solana put to a vote a DAO proposal to buy back PRT tokens using treasury funds.

AI translated

ForkLog 9 19.07.2023

Binance conducts a $484 million BNB burn.

Binance, the cryptocurrency exchange, conducted the 24th quarterly burn of BNB tokens. The platform removed from circulation 1.99 million coins worth over $484 million.

AI translated

ForkLog 15 13.07.2023

Polygon team proposes converting MATIC tokens to POL

Polygon Labs presented the tokenomics parameters for the next iteration of the eponymous Ethereum layer-2 network, with the replacement of the MATIC utility token with Polygon (POL).

AI translated

ForkLog 8 28.06.2023

Sui Network Team Denies Staking Rewards Sale on Binance

The Sui Foundation denies selling SUI staking rewards on Binance and other breaches of the asset unlock schedule.

AI translated

ForkLog 15 14.06.2023

NFT marketplace Blur unlocks 196 million BLUR tokens

On June 14, the NFT marketplace Blur will unlock nearly 196 million BLUR tokens worth about $62 million. The volume accounts for 6.5% of the total supply and 40% of the asset’s current circulating supply.

AI translated

ForkLog 15 18.04.2023

PancakeSwap developers to shift CAKE to a deflationary model

The PancakeSwap team proposed changing the DeFi project's tokenomics. The initiative envisions moving from the current high-inflation CAKE utility token model to neutral emission or deflation 'with real yield and utility'.

AI translated

ForkLog 14 14.04.2023

Binance completes 23rd quarterly BNB burn worth over $676 million

The cryptocurrency exchange Binance conducted its twenty-third quarterly burn of Binance Coin (BNB) tokens. 2.02 million coins were taken out of circulation, worth more than $676 million.

AI translated

ForkLog 11 11.04.2023

Annual ETH burn rate on the eve of the Shapella hard fork reaches $5.5 billion

The annual burn rate of Ethereum, calculated on a yearly basis, reached 1,827,000 ETH (~$5.5 billion), a supply reduction of 1.06%. Data ahead of the planned 12 April Shapella hard fork comes from ultrasound.money.

AI translated

ForkLog 13 27.03.2023

NFT collector accidentally burns CryptoPunk worth $129,000

NFT collector Brandon Riley accidentally sent CryptoPunk #685 to the burn address. Two weeks ago he bought the token for 77 ETH — about $129,000 at the time.

AI translated

ForkLog 7 15.03.2023

DFA issuance in Russia has reached around 2 billion rubles

DFAs have been issued in Russia for less than a year, with total issuance already reaching around 2 billion rubles.

AI translated

#Tokenomics