π₯ What is token burning and why is it necessary? π₯
When we talk about token burning, it means that a certain amount of $GMoon is permanently removed from circulation. This process makes the tokens more scarce and, as a result, valuable.
What has already happened?
- Over the past week, we burned 81,000 $GMoon:
πΉ 41,000 $GMoon - through Arena activity (20% from each game).
πΉ 40,000 $GMoon - through withdrawals (70% from fees for each exchange).
What does this mean?
β‘οΈ Reduction in total supply:
Each token burned reduces the amount of $GMoon in circulation. Currently, there are only 20,000,000 tokens in supply, and their number has already begun to decrease.
π Increasing scarcity:
The fewer tokens there are, the harder it is to get them. This can contribute to their value increasing.
π‘ Incentive for activity:
Burning is driven by user activity in the Arena and withdrawals. Your participation directly impacts the token economy and its long-term value.
π Forecasts and potential:
At the current rate:
- We can burn up to 250,000 $GMoon per month, which is approximately 1.25% of the total supply.
- In 4 weeks, the total supply may decrease by 0.56%.
What does this give you?
Each token becomes more valuable, the long-term sustainability of the project is strengthened, and platform participants get the opportunity to be part of a growing economy.
βοΈ In simple terms: token burning is a tool for strengthening $GMoon and increasing its value. Do you want the token to grow? Get involved in the platform and see how your contribution impacts the future! π«
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You can trade $GMoon in MOON Giveaways and on DeDust
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