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Cere Network Announcement Channel Cere Network Announcement Channel @cerenetwork · 8.57K subscribers
Post #595 1.52K
🔥 The Burn is Here 🔥

A major milestone in Cere's token economy evolution is here.

🧨 466 Million $CERE will be permanently removed from circulation through an on-chain burn, reinforcing our commitment to a deflationary and utility-driven ecosystem.

This burn is accompanied with an upgrade to our Hyperbridge integration, ensuring:
- No more minting
- Only lock & release
- Full transparency on-chain

🗳 The referenda to burn the tokens is now live: https://cere.polkassembly.io/referenda/35

Make sure to vote and let’s shape the future of $CERE together.
  • 🔥 16
  • 🎉 6
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