🔥 Week 11: Another 50M BEND Tokens Burned

**BEND DAO maintains its daily token buyback program**, now on day 25 of consistent operations. - Daily automated buybacks continue through DAO-controlled bot - Buybacks executed at randomized times with price impact controls - Part of broader token reduction strategy alongside weekly burns **Recent burn activity:** - Week 13: 50M $BEND tokens burned from treasury - Week 12: Another 50M $BEND removed from circulation - Total of 500M+ tokens permanently removed The protocol combines daily buybacks with weekly large-scale burns to reduce token supply. All transactions are publicly verifiable on [Etherscan](https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7?a=0x0e15871efd047fc0f0b26543d2bee02718e3afa3).

**BendDAO completed its sixth weekly token burn**, permanently removing another 50M $BEND tokens from circulation. **Key Details:** - 50M $BEND burned from treasury in Week 6 - **300M total tokens removed** from circulation across all burns - Transaction verified on [Etherscan](https://etherscan.io/tx/0xe985c40f62f9cab044b393f06ee2662f5c07331d915143c394ec0b2824caf56b) **Burn Program Progress:** The weekly burns are part of BendDAO's approved governance proposal to burn 50% of treasury tokens over 5 months. Each week consistently removes 50M tokens, reducing total supply permanently. This systematic approach aims to decrease token supply while the protocol continues operating its NFT lending services.

**BEND Protocol** completes first week of token burn program as planned. **Key Updates:** - Week 1 token burn successfully executed ✅ - Lender rewards program now active and operational - Buyback and burn mechanism scheduled to begin in Month 3 The NFT lending protocol continues executing its tokenomics restructuring plan on schedule. Lenders can now earn rewards while the protocol prepares for expanded buyback operations. *Next phase launches in two months with enhanced token mechanics.*

**BEND Protocol completed its first weekly token burn**, permanently removing 50 million $BEND tokens from circulation. The burn transaction has been **confirmed on Ethereum**, reducing the total supply as part of the protocol's deflationary strategy. **Key details:** - 50M $BEND tokens burned from treasury - Tokens permanently removed from circulation - Part of 5-month plan to burn 50% of treasury holdings The burn mechanism aims to **reduce token supply** over time, potentially benefiting existing holders through scarcity. Transaction details available on [Etherscan](https://etherscan.io/tx/0xfaf5bee0dbb3ab68ce4165d681c6eacdd07a3e1cdb0d717d856e6de658819e17).