Bombie repurchases and burns over 630 million BOMB tokens, launches million-dollar staking incentive program
Odaily Planet Daily reported that on June 25 at 02:06 (UTC), Bombie completed the burn of 634 million BOMB tokens, accounting for 6.34% of the total supply. These tokens were repurchased from the market by the Bombie Foundation at a total cost of several million US dollars and have now been permanently destroyed. In the face of market volatility, Bombie has taken concrete action to stabilize expectations and demonstrate its firm commitment to the long-term development of its ecosystem.
To further enhance the utility of the token, Bombie has simultaneously launched a staking incentive program with a total value exceeding 1 million US dollars. Users who stake BOMB will receive rewards in USDT on an hourly basis. The team stated that despite challenges during the initial TGE phase, Bombie will continue to focus on product development and community incentives, making full preparations for the relaunch in Q3.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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