Nabox Announces Major Token Burn Initiative
Nabox Announces Major Token Burn Initiative
🔥 Tokens Go Up In Flames
Nabox has announced plans to burn 500 billion $NABOX tokens, aiming to reduce total supply by 79% to 210B tokens. The initiative includes new burning mechanisms:
- 50% of Nabox ID registration fees will be burned
- 50% of SwapBox transaction fees will be burned
- Additional burns planned as operations allow
Nabox, backed by OKX Ventures and K300, serves 500,000+ active users across Southeast Asia and Europe. Their ecosystem includes:
- Multi-chain Web3 wallet supporting 100+ blockchains
- SwapBox cross-chain aggregator
- Nabox ID platform
- PayBox payment system
🔥 Nabox to Burn 500B $NABOX Tokens! A massive step toward a deflationary $NABOX economy. 💚 Upcoming burn: 500B $NABOX 💚 Final goal: reduce total supply to 210B (a 79% cut) 💚 Driving long-term value & sustainable growth For more🌱: naboxwallet.medium.com/nabox-to-burn-…
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