BTC $62,983.57 +0.03%
ETH $1,877.43 -0.26%
BNB $606.36 -0.13%
XRP $1.00 -0.01%
SOL $75.34 +0.02%
TRX $0.3307 -0.53%
DOGE $0.0695 -0.69%
ADA $0.1763 -1.82%
BCH $203.49 -0.95%
LINK $9.47 +2.63%
HYPE $57.02 +1.17%
AAVE $86.08 -0.23%
SUI $0.6751 -0.87%
XLM $0.1570 -0.78%
ZEC $485.84 -2.11%
BTC $62,983.57 +0.03%
ETH $1,877.43 -0.26%
BNB $606.36 -0.13%
XRP $1.00 -0.01%
SOL $75.34 +0.02%
TRX $0.3307 -0.53%
DOGE $0.0695 -0.69%
ADA $0.1763 -1.82%
BCH $203.49 -0.95%
LINK $9.47 +2.63%
HYPE $57.02 +1.17%
AAVE $86.08 -0.23%
SUI $0.6751 -0.87%
XLM $0.1570 -0.78%
ZEC $485.84 -2.11%

Entangle announces a reduction in the circulating supply of NGL and the destruction of 25% of team tokens

2024-07-17 09:51:10

ChainCatcher news, Entangle announced a significant reduction in the issuance of $NGL tokens and burned 25% of the team tokens to demonstrate long-term transparency.

By burning 25% of the team tokens, the circulating supply is permanently reduced by 3%, and 2.5% of the liquidity supply is locked for one year. The $NGL token economic model now demonstrates the long-term sustainability needed to support the infrastructure.

Related tags
Related tags
Related projects
app_icon
ChainCatcher Building the Web3 world with innovations.