edgeX permanently destroys over 2.52 million EDGE tokens, launching a recurring buyback and burn mechanism

GateNews
EDGE1,28%

Gate News message, April 3, edgeX announced that it has permanently destroyed 2.52837 million EDGE tokens. The announcement states that token burn from repurchased tokens has officially started, and going forward it will permanently destroy repurchased tokens once every 24 hours.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Goes Live on Solana as Official Wrapped Token

Ripple's XRP launched on Solana as a wrapped cross-chain asset on April 17, partnering with Hex Trust and others. This move, aimed at boosting liquidity and expanding access to Solana's DEX ecosystem, highlights Solana's growing role in cross-chain tokenization.

GateNews31m ago

Sui Targets South Korea for Financial Partnerships, Plans Won-Pegged Stablecoin and Bitcoin Products

Sui, a Layer 1 blockchain project, aims to expand in South Korea by collaborating with financial institutions and technology companies. Key initiatives include developing a stablecoin pegged to the won and enhancing its developer ecosystem with the Move programming language.

GateNews6h ago

Whale Purchases 4.5M LDO Worth $1.86M via OTC Following Lido Buyback Launch

Lido's LDO buyback program prompted a significant purchase of 4.5 million LDO tokens by a whale for $1.86 million, alongside 10,000 AAVE tokens for $1.15 million, sourced from Wintermute and FalconX, respectively.

GateNews11h ago

Nexters and Velop's Chaos W Surpasses 470K Pre-registrations Ahead of Q2 Launch

Nexters and Velop announced that their mobile MMORPG Chaos W has achieved over 470k pre-registrations ahead of its Q2 2026 launch. The game's hybrid model combines RTS and RPG elements, utilizing a fixed supply economy and accessible pre-registration via Telegram, aiming for global market growth.

GateNews12h ago

JST Token Burn Reaches 1.35 Billion Tokens, Representing 13.70% of Total Supply

JST's buyback and burn program has successfully burned 1.35 billion tokens, or 13.70% of its supply, valued at $60.03 million. The initiative, completed in three phases, creates a self-sustaining deflationary cycle using protocol revenues.

GateNews12h ago

LeverFi(LEVER) will be delisted on Gate on April 18; users need to withdraw it before April 21 and swap it themselves for Sedunia(SED)

Gate News message, according to an announcement from the LeverFi project team, the LeverFi (LEVER) token will soon be swapped for a new Sedunia (SED) token. Gate will delist the LeverFi (LEVER) trading service on April 18, 2026 at 11:00 (UTC+8), including the LEVER_USDT spot trading pair and quantitative grid. At the same time, Gate has suspended deposits for LEVER. Users need to complete the token swap themselves via the channels specified by the project team; it is recommended to withdraw LEVER tokens to your personal wallet before April 21. Any ongoing LEVER quantitative trading strategies must be adjusted in advance, otherwise they will be forcibly stopped before the delisting.

GateAnnouncement13h ago
Comment
0/400
TaiGong'sPalacevip
· 04-09 08:50
Just go for it 👊
View OriginalReply0
TaiGong'sPalacevip
· 04-09 08:50
Buy the dip 😎
View OriginalReply0
我是来提现的vip
· 04-03 16:00
Airdrops are just scams now; don't trust them anymore.
View OriginalReply0
我是来提现的vip
· 04-03 15:59
Don't trust him, he's an untrustworthy guy. Trust him, and you'll probably get completely ripped off.
View OriginalReply0