EMP Ecosystem Reports Record Token Burns and ETH Growth
EMP Ecosystem Reports Record Token Burns and ETH Growth
🔥 700k Tokens Up in Smoke
By EMP MONEY
Dec 9, 2024, 2:43 PM
Photo by EMP MONEY
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.
🚀🔥 RECORD-BREAKING MOVES IN THE EMP ECOSYSTEM! 🔥🚀 This week has been NOTHING short of monumental for EMP! 🏆 👉 Over 700,000 EMP burned in just 7 days! The BIGGEST burn of all time —what?! 💥💥 The math is UNFUDABLE and we’re officially on the road to PEG RECOVERY
Things are FLYING at EMP Fusion!!! Over 700k EMP deposited into Fusion this week. And it keeps getting better week by week! Peg is on the rise. 🔥🔥🔥
DeFiFarmingStakingYield