CyberKongz Burns 36.7 Million KONG Tokens in Major Supply Reduction
CyberKongz Burns 36.7 Million KONG Tokens in Major Supply Reduction
🔥 36M Tokens Vanished
CyberKongz executed a massive token burn on December 11, permanently removing 36,715,755 $KONG tokens from circulation.
The burn transaction was confirmed on Ethereum mainnet and represents a significant supply reduction mechanism for the gaming-focused NFT project.
- Transaction verified on Etherscan
- 36.7 million tokens permanently removed
- Part of CyberKongz tokenomics strategy
Token burns typically aim to reduce circulating supply and potentially impact token value through scarcity mechanics. This represents one of the larger single burns in the project's history.
36,715,755 $KONG burned 🔥🔥🔥 etherscan.io/tx/0x43c3ca117…
🔧 DEATHSTR Pulls Liquidity, Enters Maintenance Mode
**DEATHSTR has temporarily halted operations** as the team processes critical updates to the platform. **Current Status:** - Liquidity has been pulled from the original token contract - Trading is not recommended until further notice - Team expects to be operational soon **Upcoming Changes:** - Migration to new token contract to prevent sidepool exploitation - Voting periods reduced from 72 to 36 hours - NFT purchase eligibility lowered from 5M to 1M $DEATHSTR tokens - New raffle system for discounted NFT purchases with 10-minute windows Users who participated in voting will be able to claim tokens back during maintenance. The team warns against third-party pools charging high fees that don't benefit the ecosystem.
CyberKongz Genkai Drops New Legendary Collectibles
**New legendary items** have been released for CyberKongz Genkai, the anime-inspired collectible series. The collection features **20,000 unique pieces** split across two blockchains: - 13,000 minted on Ethereum - 7,000 minted on Ronin Set in the world of Niakea, Genkai combines **gaming elements** with collectible art, allowing users to explore different tribes and gather Emaki items. The release appears to be **luck-based**, suggesting a random distribution or rarity system for the new legendary items.
CyberKongz Evolution Event Launches Tomorrow at 3pm UTC
**CyberKongz Evolution event begins tomorrow at 3pm UTC** Requirements for participation: - Baby Kong NFT - 5,000 $KONG tokens - Additional $KONG for potential re-rolls Key details: - Baby Kong trait rarity determines Evolution rarity - Legendary Baby Kong holders guaranteed **1/1 Evolution** - Trait rarity conversion system in place The Evolution represents a significant milestone for the CyberKongz ecosystem, allowing holders to transform their Baby Kong NFTs into new evolved forms based on existing trait rarities.
CyberKongz Partners with KuCoin for Exclusive $KONG Airdrop
**CyberKongz** has announced a partnership with **KuCoin** for an exclusive $KONG token airdrop campaign. The airdrop is **exclusively available** to CyberKongz holders, creating additional utility for the NFT collection. - Campaign details are available in the CyberKongz Discord server - Partnership leverages KuCoin's exchange platform for token distribution - Adds value proposition for existing CyberKongz NFT holders This collaboration follows CyberKongz's previous integration with TrenchBot for Discord trading functionality, showing continued focus on **community benefits** and utility expansion. Join the CyberKongz Discord for complete airdrop details and eligibility requirements.