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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