Tokenomics | ForkLog

ForkLog 7 23.02.2023

Klaytn Foundation proposes halving the KLAY supply

The non-profit Klaytn Foundation has put forward a proposal to burn 5.28 billion KLAY (73% of the coin reserve). If adopted, the total supply would be reduced by 48%.

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ForkLog 10 30.01.2023

Floki Inu community backs burning of nearly 5 trillion FLOKI as token rises 100%

The Floki Inu community backed the project team's proposal to close the main cross-chain bridge, burn the 4.97 trillion FLOKI tokens held there, and reduce the token's transaction tax to 0.3%.

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ForkLog 13 26.01.2023

dYdX delays $282 million token unlock

dYdX Foundation and dYdX Trading postponed the planned unlock of 150 million utility tokens of the decentralized derivatives exchange (worth $282 million) from February 3 to December 1, 2023.

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ForkLog 32 17.01.2023

Binance Burns Over $575 Million Worth of BNB in 22nd Quarterly Burn

Cryptocurrency exchange Binance conducted its 22nd quarterly burn of Binance Coin (BNB). 2.06 million tokens were removed from circulation, worth more than $575 million.

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ForkLog 11 18.10.2022

Aptos reveals tokenomics details after community criticism

The organization behind Aptos presented an overview of the protocol's tokenomics ahead of listings on the world's largest crypto exchanges.

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ForkLog 8 13.10.2022

Binance burns BNB worth more than $547 million

Binance, the cryptocurrency exchange, conducted its 21st quarterly burn of Binance Coin (BNB). 2.06 million tokens were removed from circulation, worth more than $547 million.

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ForkLog 7 11.10.2022

Ethereum records deflation for the first time since The Merge

In the past seven days, Ethereum supply contracted by 0.13%. Deflation in the network has been recorded for the first time since the {{AOPEN_1}}transition to the Proof-of-Stake consensus algorithm{{ACLOSE_1}}.

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ForkLog 13 04.10.2022

Binance executes first Terra Classic burn worth $1.86 million

Binance burned the first batch of Terra Classic (LUNC), 5.6 billion tokens, worth about $1.86 million in USDT.

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ForkLog 11 27.09.2022

Bancor DeFi protocol community proposes burning 1 million BNT tokens

Participants in the Bancor DEX platform community have put to a vote a proposal to burn 1 million BNT.

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ForkLog 10 26.09.2022

Binance launches Terra Classic burn mechanism

The cryptocurrency exchange Binance has decided to burn all fees charged on the platform's LUNC/BUSD and LUNC/USDT spot and margin pairs.

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ForkLog 7 26.08.2022

Synthetix founder proposes limiting SNX issuance to 300 million

The founder of the DeFi platform Synthetix, Kain Warwick, has brought to the community a proposal to fix a cap on the SNX governance token at 300 million coins.

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ForkLog 17 12.05.2022

PancakeSwap caps CAKE supply at 750 million tokens

The DeFi community behind PancakeSwap on the BNB Chain backed changes to the tokenomics, with a key feature of which will be a cap on the supply of the governance token CAKE at 750 million.

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