Gate Completes $26.9M GT Burn, Deepening Long-Term Deflationary Strategy
Cryptocurrency alternate Gate introduced the completion of the on-chain burn of GateToken (GT) for the fourth quarter of 2025. A complete of two,163,900.48229 GT have been despatched to the burn deal with, representing a worth exceeding $26.92 million. Since the start of the burning program, a cumulative complete of 184,819,426 GT has been completely faraway from circulation, with an estimated worth of over $1.9 billion at present market costs.
GT serves as the first platform token for Gate and the native asset of Gate Chain, functioning each as a utility token and the fuel charge token for the community. Since the launch of the GateChain mainnet in 2019, GT has operated underneath a steady deflationary mechanism, decreasing the full provide from the preliminary 300 million tokens by roughly 61.61%.
The launch of the high-performance Layer 2 community, Gate Layer, together with a sequence of decentralized functions reminiscent of Gate Perp DEX, Gate Fun, and the cross-chain meme buying and selling and analytics platform Meme Go, has additional bolstered GT’s position inside the Gate ecosystem. As the unique fuel token for Gate Layer, GT’s on-chain utility and demand proceed to broaden alongside the ecosystem’s development.
Gate Advances Toward Deflationary GT Model While Expanding Web3 Ecosystem And Infra
The platform stays devoted to its token-burning schedule, advancing towards a deflationary model that complies with laws and enhances GT’s shortage and long-term worth. By combining ongoing innovation with ecosystem growth, Gate goals to create a safe, environment friendly, and open blockchain infrastructure that delivers a complete Web3 expertise globally and contributes to the expansion of the cryptocurrency sector.
Additionally, Gate continues to implement its All in Web3 technique, strengthening foundational infrastructure, increasing decentralized buying and selling and multi-chain functions, and bettering consumer expertise. By integrating the deflationary mannequin with ecosystem growth, Gate takes a long-term strategy to fostering the maturity, sustainability, and resilience of Web3 infrastructure.
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