Today, we completed the Q3 GT burn of approximately 2.1 million GT, with a total value of over 35 million dollars.
Although this is a "digital action", it is an important part of our long-term deflation plan, making GT scarcer and more valuable. GT has always been the core token of GateChain, and now with the launch of Gate Layer, its role has become more comprehensive. On the Gate Layer, all on-chain operations must use GT to pay for Gas—whether it's transactions, smart contracts, NFT minting, or cross-chain operations, none can do without it. As the ecosystem and users continue to grow, the usage of GT will also increase, and gradually, it is becoming the "power source" of the entire ecosystem. Our destruction and deflation plan has always been executed transparently, regardless of market fluctuations, we are坚持. In simple terms, this is a value reinforcement that makes the entire ecosystem more stable and reliable. In the future, we will continue to work hard to make the GT and Gate ecosystem safer, more efficient, and more fun.
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LuckyCatMilkBeans
· 2025-10-17 05:43
Bull market drums sound loud, but it's better to pump!
Today, we completed the Q3 GT burn of approximately 2.1 million GT, with a total value of over 35 million dollars.
Although this is a "digital action", it is an important part of our long-term deflation plan, making GT scarcer and more valuable.
GT has always been the core token of GateChain, and now with the launch of Gate Layer, its role has become more comprehensive.
On the Gate Layer, all on-chain operations must use GT to pay for Gas—whether it's transactions, smart contracts, NFT minting, or cross-chain operations, none can do without it.
As the ecosystem and users continue to grow, the usage of GT will also increase, and gradually, it is becoming the "power source" of the entire ecosystem.
Our destruction and deflation plan has always been executed transparently, regardless of market fluctuations, we are坚持.
In simple terms, this is a value reinforcement that makes the entire ecosystem more stable and reliable.
In the future, we will continue to work hard to make the GT and Gate ecosystem safer, more efficient, and more fun.