Pons shared an update on X about its token burn program, saying that 29% of the total PONS supply has now been burned. The project also said Pons Treasury continues to use 80% of protocol fee revenue to accumulate PONS. The update was cited by ChainCatcher in a technology-focused news brief. No additional figures or timing details were disclosed in the source beyond the latest burn ratio and the treasury’s stated buyback approach. The announcement centers on two points: the portion of supply already destroyed and the continued use of protocol fee income for PONS accumulation.
Pons posted an update on X on its token burn progress, saying that 29% of the total PONS supply has been burned.
The project also said Pons Treasury continues to use 80% of protocol fee revenue to accumulate PONS.
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