BTC $62,596.88 -1.69%
ETH $1,866.74 -1.17%
BNB $603.54 -1.10%
XRP $1.00 -0.33%
SOL $75.23 -1.14%
TRX $0.3323 -0.57%
DOGE $0.0693 -1.02%
ADA $0.1792 -2.74%
BCH $202.23 -5.25%
LINK $8.82 +0.36%
HYPE $55.80 -3.40%
AAVE $85.66 -2.21%
SUI $0.6760 -2.06%
XLM $0.1597 -0.26%
ZEC $482.49 -1.51%
BTC $62,596.88 -1.69%
ETH $1,866.74 -1.17%
BNB $603.54 -1.10%
XRP $1.00 -0.33%
SOL $75.23 -1.14%
TRX $0.3323 -0.57%
DOGE $0.0693 -1.02%
ADA $0.1792 -2.74%
BCH $202.23 -5.25%
LINK $8.82 +0.36%
HYPE $55.80 -3.40%
AAVE $85.66 -2.21%
SUI $0.6760 -2.06%
XLM $0.1597 -0.26%
ZEC $482.49 -1.51%

Entangle announces a reduction in the circulating supply of NGL and the destruction of 25% of team tokens

2024-07-17 09:51:10

ChainCatcher news, Entangle announced a significant reduction in the issuance of $NGL tokens and burned 25% of the team tokens to demonstrate long-term transparency.

By burning 25% of the team tokens, the circulating supply is permanently reduced by 3%, and 2.5% of the liquidity supply is locked for one year. The $NGL token economic model now demonstrates the long-term sustainability needed to support the infrastructure.

Related tags
Related tags
Related projects
app_icon
ChainCatcher Building the Web3 world with innovations.