BendDAO Completes Week 6 Token Burn Removing 300M BEND Total
BendDAO Completes Week 6 Token Burn Removing 300M BEND Total
🔥 300M Gone Forever
BendDAO completed its sixth weekly token burn, permanently removing another 50M $BEND tokens from circulation.
Key Details:
- 50M $BEND burned from treasury in Week 6
- 300M total tokens removed from circulation across all burns
- Transaction verified on Etherscan
Burn Program Progress: The weekly burns are part of BendDAO's approved governance proposal to burn 50% of treasury tokens over 5 months. Each week consistently removes 50M tokens, reducing total supply permanently.
This systematic approach aims to decrease token supply while the protocol continues operating its NFT lending services.
📊 $BEND Plan Progress ✅ Week 1 burn completed ✅ Lender rewards are live 🚧 Buyback & burn starts in Month 3 #buyback #tokenburn #NFT
🔥 WEEK 3 BURN COMPLETE! 50M more $BEND gone. TX: etherscan.io/tx/0x286e30bce…
56% UP 🔥 After burning 50% of $BEND in the DAO Treasury, bringing the DAO Treasury to ~$916K on hand - but the entire token market cap? Just $1.3m 👀 📋 More details of the latest BIP Execution Plan will be announced soon! Stay tuned. #undervalued $BEND
Just check out @coinexcom, and the small-cap coins are putting on a show tonight $ZORA 36% up $SHIC 33% up $BOMB 119% up $BEND 56% up $BUCK 42% up These little guys are totally surprising me🔥 I’m kinda digging $BOMB wild jump what about you? Got a pick? Posted in collab
🔥 WEEK 4 BURN COMPLETE! Another 50M $BEND from the treasury is gone. That’s 200M total removed from circulation — forever. TX: etherscan.io/tx/0xd9129f4fa…
🔥 WEEK 1 BURN COMPLETE! 50M $BEND from the Treasury is gone forever. Supply is shrinking. TX: etherscan.io/tx/0xfaf5bee0d…
🚨 DAO is making moves! Your vote = your voice. Burn, earn, and return. 🔥💰♻️ $BEND Get involved 👇
🗳️ Voting Time! The DAO is proposing major moves to boost $BEND: 🔥 Burn 50% of the $BEND tokens held in the treasury over 5 months (e.g., 10% monthly burns) 💰 Bring back Lender Rewards ♻️ Launch a Buyback & Burn Program Link 🔗 snapshot.box/#/s:benddao.et…
🚀 BIP PASSED! BendDAO is moving forward with our 3-part plan: 🔥 Burn 50% $BEND in treasury 💰 Lender rewards ♻️ Buyback & burn The next era begins. #BendDAO $BEND
🗳️ Voting Time! The DAO is proposing major moves to boost $BEND: 🔥 Burn 50% of the $BEND tokens held in the treasury over 5 months (e.g., 10% monthly burns) 💰 Bring back Lender Rewards ♻️ Launch a Buyback & Burn Program Link 🔗 snapshot.box/#/s:benddao.et…
🔥 WEEK 5 BURN COMPLETE! Another 50M $BEND from the treasury is gone forever. TX: etherscan.io/tx/0xf4f2cbae3…
📊 Burn #3 loading… ⏳ Another 50M $BEND will be removed from the treasury soon. Every week, less supply. Every week, stronger holders.
🗳️ Voting Time! The DAO is proposing major moves to boost $BEND: 🔥 Burn 50% of the $BEND tokens held in the treasury over 5 months (e.g., 10% monthly burns) 💰 Bring back Lender Rewards ♻️ Launch a Buyback & Burn Program Link 🔗 snapshot.box/#/s:benddao.et…
💰 $BEND’s treasury is worth ~$1.9m, but market cap? Just $1.5m! 50% burn incoming to tighten supply. Are you ready? 👀 #Undervalued $BEND
BEND DAO Continues Daily Token Buybacks on Day 25
**BEND DAO maintains its daily token buyback program**, now on day 25 of consistent operations. - Daily automated buybacks continue through DAO-controlled bot - Buybacks executed at randomized times with price impact controls - Part of broader token reduction strategy alongside weekly burns **Recent burn activity:** - Week 13: 50M $BEND tokens burned from treasury - Week 12: Another 50M $BEND removed from circulation - Total of 500M+ tokens permanently removed The protocol combines daily buybacks with weekly large-scale burns to reduce token supply. All transactions are publicly verifiable on [Etherscan](https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7?a=0x0e15871efd047fc0f0b26543d2bee02718e3afa3).
🔥 Week 11: Another 50M BEND Tokens Burned
**Week 11 burn completed** - Bend protocol has permanently removed another 50M $BEND tokens from circulation through treasury burning. - **Total burned**: Over 550M tokens eliminated forever - **Weekly schedule**: Protocol continues systematic 50M token burns - **Deflationary mechanism**: Reduces total supply to potentially increase scarcity The burn was executed via smart contract transaction, with tokens sent to a burn address where they cannot be recovered. [View transaction](https://etherscan.io/tx/0x957844327a97159fb0c9346d1242a06b56e48540cdb4d9804cf188c7b707cb49)
BEND Token Plan Hits Week 1 Milestone
**BEND Protocol** completes first week of token burn program as planned. **Key Updates:** - Week 1 token burn successfully executed ✅ - Lender rewards program now active and operational - Buyback and burn mechanism scheduled to begin in Month 3 The NFT lending protocol continues executing its tokenomics restructuring plan on schedule. Lenders can now earn rewards while the protocol prepares for expanded buyback operations. *Next phase launches in two months with enhanced token mechanics.*
BEND Token Burn Week 1 Complete
**BEND Protocol completed its first weekly token burn**, permanently removing 50 million $BEND tokens from circulation. The burn transaction has been **confirmed on Ethereum**, reducing the total supply as part of the protocol's deflationary strategy. **Key details:** - 50M $BEND tokens burned from treasury - Tokens permanently removed from circulation - Part of 5-month plan to burn 50% of treasury holdings The burn mechanism aims to **reduce token supply** over time, potentially benefiting existing holders through scarcity. Transaction details available on [Etherscan](https://etherscan.io/tx/0xfaf5bee0dbb3ab68ce4165d681c6eacdd07a3e1cdb0d717d856e6de658819e17).