BigShort said on X that its burn-loop mechanism, BigShort101, is now live. Under the structure described by the project, SHORT will be used to buy and burn the token ranked No. 1. The top-ranked token will then be used to buy and burn the token ranked No. 2. BigShort said the mechanism will continue in sequence through the top 100 tokens. According to the post, the design is intended to support joint ecosystem development across participating communities. The company did not disclose additional operational details in the brief update cited by Odaily.
BigShort said in a post on X that its burn-loop mechanism, BigShort101, is now live.
According to the project, SHORT will be used to buy and burn the No. 1 ranked token. The top-ranked token will then buy and burn the No. 2 ranked token.
BigShort said the mechanism will continue through the top 100 tokens, with the stated goal of supporting shared ecosystem development across communities.
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