Token burns come in many forms.
Ethereum burns the base fee from transactions.
BNB uses programmed mechanisms to reduce supply.
Sanctum recently proposed burning an unused community reserve.
And now @streamflow_fi has burned 699.99M STREAM.
So why would a project destroy tokens it could have kept?
2 DAYS LEFT TO COMPLETE! 🚨
Turn your Swap io experience into USDC with these bounties powered by @SuperteamEarn!
$1,500 across 3 bounties, top 5 paid on each! ⬇️
→ Make a Video: Season Zero, Pump the Pool 3, and Social Quests
→ Write a Post: Dust Sweeper + How Social Quests Earn You XP
→ Write a Thread or Long Post: Price Comparison
👉 Full details here: https://t.co/ZYOjzzsk5c
I swapped 0.1 SOL to $BONK at two places at the same time.
Phantom gave me 3.36M BONK while @Swapdotio gave me 3.39M BONK.
30,000 BONK difference. And that’s the cheap pair.
Here’s why the gap exists and what it adds up to at scale 👇 https://t.co/G0YMGdfC7y