CryptoSlate· News Desk·· 13d ago
BitTorrent completes inaugural BTT token burn funded by decentralized service revenue
Original source: CryptoSlateRead original
AI brief
BitTorrent completed its first BTT token burn on October 16, destroying 21.62 trillion tokens valued at approximately $7.6 million. The burn was funded entirely by 100% of decentralized service revenue, marking the first cycle of the long-term buyback-and-burn strategy announced on July 6. This move reinforces the token's deflationary model within the TRON ecosystem.
Source: CryptoSlate · cryptoslate.com