EMP Ecosystem Reports Record Token Burns and ETH Growth

馃敟 700k Tokens Up in Smoke

By EMP MONEY
Dec 9, 2024, 2:43 PM
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The EMP ecosystem achieved significant milestones this week:

  • Record 700,000 EMP tokens burned in 7 days
  • ETH + EMP LP exposure increased by $300,000 due to ETH appreciation
  • 80% of total EMP supply now accounted for

The protocol reports progress toward peg recovery through:

  • Sustainable economic mechanisms
  • Revenue generation
  • Deflationary token burns

This follows previous developments including a 1,000 eShare burn that positioned the burn address as a top 3 wallet, representing 6% of total supply.​

Sources

馃殌馃敟 RECORD-BREAKING MOVES IN THE EMP ECOSYSTEM! 馃敟馃殌 This week has been NOTHING short of monumental for EMP! 馃弳 馃憠 Over 700,000 EMP burned in just 7 days! The BIGGEST burn of all time 鈥攚hat?! 馃挜馃挜 The math is UNFUDABLE and we鈥檙e officially on the road to PEG RECOVERY

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