CyberKongz Burns 36.7 Million KONG Tokens in Major Supply Reduction
**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 **deflationary action** for the $KONG token ecosystem.
- **36.7 million tokens** permanently removed from supply
- Transaction verified on [Etherscan](https://etherscan.io/tx/0x43c3ca117ad09eacf3aa9e75567e392eaf02caa3948a7a59794c1c297f58c1a5)
- **Deflationary mechanism** reduces total token circulation
Token burns typically aim to **increase scarcity** and potentially support token value by reducing available supply. The CyberKongz project continues implementing tokenomics designed to manage $KONG distribution.
This burn follows the project's ongoing token management strategy within their NFT and gaming ecosystem.