Decentralized finance (DeFi) protocols are increasingly adopting token burn strategies to enhance token value and sustainability. Uniswap has announced its UNIfication plan, which includes burning 100 million UNI tokens and implementing fee-based token destruction. Hyperliquid aims to burn $1 billion worth of HYPE tokens, while Aster and ApeX are focusing on aggressive buybacks and long-term token locks. Additionally, Degen is introducing a community-driven tip-burning model. These initiatives reflect a growing trend among DeFi projects to reduce token supply and increase market confidence.
DeFi Protocols Embrace Token Burn Strategies to Boost Value
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