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Details: https://www.gate.com/announcements/article/47889
Today, we completed the Q3 GT burn, with approximately 2.1 million GT, totaling over $35 million.
Although this is a "digital action", it is an important part of our long-term deflation plan, making GT more scarce and 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 require GT to pay gas—whether it's transactions, smart contracts, NFT minting, or cross-chain operations, it is indispensable.
As the ecosystem and the number of users grow, the usage of GT will also increase, gradually becoming the "power source" of the entire ecosystem.
Our burn and deflation plan has always been executed transparently, regardless of market fluctuations, we are坚持.
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.