Capminal Executes Eighth Monthly Token Burn to Reduce $CAP Supply
Capminal Executes Eighth Monthly Token Burn to Reduce $CAP Supply
š„ Another one bites the dust
Capminal has completed its eighth monthly token burn event, continuing its systematic approach to reducing the total supply of $CAP tokens.
Key Details:
- Part of an ongoing monthly burn schedule
- Aims to decrease circulating supply over time
- Follows similar deflationary strategies seen in other projects
The burn mechanism is designed to create scarcity by permanently removing tokens from circulation. This approach has become increasingly common among projects seeking to align tokenomics with long-term holder interests.
Monthly burns provide a predictable schedule for supply reduction, allowing the community to track the deflationary impact over time.
The burn event #8 from @Capminal . This is part of monthly burn activity, designed to steadily reduce the total supply of $CAP š„
1/4 Excited to announce that we have just completed the 8th buyback and burn of $CAP. ā 650,000 CAP has been burned. This is part of our monthly burn activity, designed to steadily reduce the total supply of CAP, increase scarcity, and build a strong deflationary tokenomics
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