Pons said on X that its PONS token burn program is still ongoing, with 32% of the token’s total supply already burned. The project also disclosed that 80% of platform revenue will be used to accumulate PONS tokens. According to the statement, the arrangement is intended to support the token’s value capture mechanism. No additional figures or timeline details were provided in the post cited by Odaily.
Pons said on X that its PONS token burn mechanism remains in progress, and that 32% of the total PONS supply has already been burned.
The project also said 80% of its platform revenue will be used to accumulate PONS tokens, in support of the token’s value capture mechanism.
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