Sonic has burned over 16 million unclaimed airdrop tokens, with the smart contract executing automatically.

【ChainWen】The Sonic project team has carried out a large-scale token burn according to the established plan. Using a permissionless smart contract mechanism, the team successfully burned 16,027,929.41 S tokens. These tokens belong to the unclaimed portion of the first season airdrop distribution. The on-chain smart contract automatically executes the burn process, ensuring transparency and immutability of the entire operation. This move reflects the project’s cautious approach to token economics by adjusting the circulating supply through the burning of unclaimed airdrops.

S4,66%
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AlwaysMissingTopsvip
· 01-21 10:38
Over 16 million tokens just disappeared like that. I feel a bit cheated... But on-chain automatic burning really doesn't have many tricks up its sleeve; it's quite straightforward.
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ApeWithNoFearvip
· 01-18 14:09
16 million tokens are directly burned. This approach is acceptable; at least it didn't secretly dump the price.
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MetadataExplorervip
· 01-18 14:07
Burned over 16 million tokens? This will make holders happy. Reducing the supply eases inflation pressure.
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GasGuzzlervip
· 01-18 13:59
Burn 16 million tokens? Sounds good, but the real question is whether this actually has a tangible effect on boosting the price.
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ForumMiningMastervip
· 01-18 13:54
Burn 16 million tokens? Oh, this move isn't bad; at least it won't go to waste.
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