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:Today, we completed the Q3 GT burn, totaling approximately 2.1 million GT, with a total value of over 35 million dollars.
Although this is a "digital action", it is an important part of our long-term deflation plan, making GT scarcer and more valuable.
GT has always been the core token of GateChain, and now with the launch of Gate Layer, its role has become more comprehensive.
On the Gate Layer, all on-chain operations must use GT to pay for Gas—whether it is transactions, smart contracts, NFT minting, or cross-chain operations, they all rely on it.
As the ecosystem and the number of users continue to grow, the usage of GT will also increase, gradually becoming the "power source" of the entire ecosystem.
Our destruction and deflation plan has always been executed transparently. No matter how the market fluctuates, we persist.
In simple terms, this is a value reinforcement that makes the entire ecosystem more stable and reliable.
In the future, we will continue to work hard to make the GT and Gate ecosystems safer, more efficient, and more fun.
Although this is a "digital action", it is an important part of our long-term deflation plan, making GT scarcer and more valuable.
GT has always been the core token of GateChain, and now with the launch of Gate Layer, its role has become more comprehensive.
On the Gate Layer, all on-chain operations must use GT to pay for Gas—whether it is transactions, smart contracts, NFT minting, or cross-chain operations, they all rely on it.
As the ecosystem and the number of users continue to grow, the usage of GT will also increase, gradually becoming the "power source" of the entire ecosystem.
Our destruction and deflation plan has always been executed transparently. No matter how the market fluctuates, we persist.
In simple terms, this is a value reinforcement that makes the entire ecosystem more stable and reliable.
In the future, we will continue to work hard to make the GT and Gate ecosystems safer, more efficient, and more fun.
