BigShort said on X that, following discussions between the community and the team, all remaining SHORT tokens in its airdrop reserve will be burned, with only 500 million tokens retained for future centralized exchange, or CEX, liquidity needs. The update outlines how the project plans to handle the undistributed portion of its airdrop allocation.
The project also disclosed figures from its first airdrop round. According to the post, 56,243 addresses completed the claim process, and a total of 6.143 billion SHORT tokens were distributed. No additional details on the burn schedule or specific exchange plans were provided in the source material.
The announcement was reported by Odaily under the market analysis category.
BigShort said in a post on X that, after discussions between the community and the team, all remaining SHORT tokens in the airdrop reserve will be burned. The project said it will keep only 500 million SHORT for future CEX liquidity needs.
Earlier, BigShort completed its first airdrop round. A total of 56,243 addresses claimed the tokens, with 6.143 billion SHORT distributed in total.
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