The CULT development team just burned 6.9% of the token supply.
Honestly, truly reliable projects always have developers who are willing to take action like this. Teams that proactively reduce supply and promote deflationary mechanisms are signals worth paying attention to.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
4
Repost
Share
Comment
0/400
NFT_Therapy_Group
· 1h ago
Ha, now that's real sincerity—directly burning 6.9% shows the team isn't just all talk.
View OriginalReply0
RooftopReserver
· 22h ago
Burn 6.9%? That number is kind of interesting, it's not a whole number so it actually feels more genuine, haha.
View OriginalReply0
NFTPessimist
· 22h ago
Hmm... Burn 6.9%? Sounds good, but can this really hit the bottom, or is it just the prelude to another round of fleecing retail investors?
View OriginalReply0
MetaMisfit
· 22h ago
Burning 6.9%? Not bad, at least they're actually taking real action, which is better than those who just talk big every day.
The CULT development team just burned 6.9% of the token supply.
Honestly, truly reliable projects always have developers who are willing to take action like this. Teams that proactively reduce supply and promote deflationary mechanisms are signals worth paying attention to.