Wall Street Pepe (WEPE) has completed its expansion onto the Solana blockchain, resulting in the burning of over 5.2 billion WEPE tokens. This strategic move aims to enhance the tokenomics by reducing the overall supply. Participants in the expansion will automatically receive their bridged tokens on Solana between October 14 and 15, with no action required on their part.
The WEPE token remains primarily on the Ethereum network but is now bridged to Solana through Wormhole, facilitating cross-chain functionality. This development marks a significant step in WEPE's efforts to streamline its token supply and improve its economic model.
Wall Street Pepe Concludes Solana Expansion, Burns 5.2 Billion Tokens
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