2026-01-08 13:23:06

GT token on-chain burn data has been updated with new figures. This quarter, Gate burned 2.1639 million GT, which, based on the latest market price, is valued at $22.28 million, directly transferred to the burn address and locked.

Interestingly, Gate's burn rhythm is very stable—once every quarter. Since 2019 up to now, a total of 184.8 million GT have been burned, which amounts to $1.9 billion when converted to USD. It’s worth noting that the total supply of GT is only 300 million, meaning a significant proportion has been burned.

This regular on-chain burn mechanism effectively implements a deflationary model, gradually reducing the circulating supply of GT over time. For token holders, such operations indirectly enhance the token's scarcity.

GT0,19%

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MetaverseHobo

· 17h ago

Having been continuously burned for so many years without seeing GT take off, give me a break.

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SchroedingerAirdrop

· 21h ago

This round of destruction is indeed significant, directly burning $1.9 billion in value. Persisting since 2019 is really impressive. --- Periodic burning sounds good, but the key still depends on how the secondary market performs... Burning tokens alone isn't enough. --- 180.48 million tokens gone? That's more than half of the total supply. This deflationary logic really can be played. --- I'm just worried it becomes a one-sided benefit for token holders, and new entrants, the newcomers, still have to pay for this scarcity. --- Quarterly stable burns, this pace is much more reliable than many other tokens, at least it's not just a simple money grab. --- Burning $1.9 billion... I'm wondering what would happen if this money was used for buybacks, maybe the effect would be more direct? --- The deflation mechanism is good, but the premise is that the community trusts Gate won't suddenly increase issuance. Otherwise, everything is pointless.

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ZenZKPlayer

· 01-10 05:50

This round of burning is indeed substantial, with $1.9 billion just going into a black hole... But to be honest, holding tokens still depends on whether trading volume can keep up later; otherwise, just burning tokens won't be able to boost the price.

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StableGenius

· 01-08 13:55

actually, let me explain why this burns thing is just supply-side theater... sure, they're destroying tokens quarterly, empirically speaking the math checks out. but fundamentally flawed assumption here: thinking scarcity alone pumps price lol

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RunWhenCut

· 01-08 13:52

This regular burn schedule is indeed steady. Holding a GT is like earning deflationary dividends. $1.9 billion has been burned... really aggressive.

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SchroedingersFrontrun

· 01-08 13:50

Honestly, Gate's burn力度 is quite intense, directly burning nearly 2 billion out of 3 billion in supply... A stable deflationary mechanism确实 provides a safety net for holders, but if the price can't go up, it's all for nothing. Gate is still pushing burns, and our exchanges are competing with each other. True scarcity needs to be combined with the ecosystem; simply burning tokens has a ceiling. How many years can this pace be maintained? Sustainability is the key.

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BoredWatcher

· 01-08 13:45

Is this routine of regular burning really so effective at pumping the market... --- 1.9 billion USD burned, now that's a real buyback, brother. --- But is it true? Burning 60% of the total supply? That number sounds a bit suspicious. --- Gate's move to implement a thorough deflationary strategy is quite clever; holders are happy. --- Happening every quarter, this rhythm is more regular than my work schedule... --- The problem is, if no one buys after burning so much, it's all pointless. --- Scarcity +1, but why is the price still sitting on the floor? --- 22.28 million USD in one quarter, this spending speed is really... --- Honestly burning more is better than some coins fooling people every day.

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SocialFiQueen

· 01-08 13:38

I like the steady destruction rhythm; it's much more reliable than those hype projects.

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AltcoinHunter

· 01-08 13:38

Burned 180 million tokens, accounting for 60% of the total supply? That logic is really solid, holders are just sitting back and earning from scarcity.

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HashRateHustler

· 01-08 13:24

Burned 185 million tokens? Damn, that's a pretty crazy number... Holders are straight up saying it's comfortable.

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