Today, we completed the Q3 GT burn, totaling approximately 2.1 million GT, worth over 35 million dollars.


Although this is a "digital action", it is an important part of our long-term deflation plan, making GT scarcer and more valuable.
GT has always been the core token of GateChain, and now with the launch of Gate Layer, its role has become more comprehensive.
On the Gate Layer, all on-chain operations require GT to pay for Gas—whether it's transactions, smart contracts, NFT minting, or cross-chain operations, it is indispensable.
As the ecosystem and users continue to grow, the usage of GT will also increase, gradually becoming the "power source" of the entire ecosystem.
Our destruction and deflation plan has always been implemented transparently, regardless of market fluctuations, we are坚持.
In simple terms, this is a value reinforcement that makes the entire ecosystem more stable and reliable.
In the future, we will continue to work hard to make the GT and Gate ecosystems safer, more efficient, and more enjoyable.
GT-2.45%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
GateUser-0e3fec40vip
· 10-16 03:53
Not rising is just a waste of destruction.
View OriginalReply0
Fartcoinvip
· 10-16 03:36
What can we do? It doesn't rise, instead, it falls sharply.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)