Pons said 29% of the total PONS token supply has been burned, according to an update posted on X on August 29. The project also said 80% of protocol revenue is being used to buy back and accumulate PONS tokens.
The update outlines the project’s token reduction and buyback approach, with the stated revenue allocation focused on supporting continued PONS accumulation.
Pons Says 29% of PONS Supply Burned as 80% of Revenue Funds Buybacks
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