EMP Ecosystem Reports Record Token Burns and ETH Growth
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.
