Genius announced its first-season airdrop plan, which will distribute 70M GENIUS. Users can choose to claim immediately or lock it up for one year. Immediate claiming will face a 70% burn penalty, while locking up can receive 100% allocation. This mechanism is designed to attract long-term community members and prevent short-term speculation.

Flare announced a governance proposal on April 10. The plan is to capture the maximum extractable value (MEV) to the protocol layer through a newly established entity called FIRE, and to repurchase and burn FLR tokens. The proposal includes a three-stage block-building reshaping, along with the FLR annual inflation rate and an annual hard cap reduction, with the goal of optimizing the network’s economic model and improving protocol transparency and security.

2026-04-09 18:00 to 2026-04-09 18:15 (UTC), ETH closed down 0.69% within a 0.88% intraday trading range, with the price fluctuating between 2203.91 and 2223.58 USDT. Trading volume in this range rose slightly, market attention stayed high, but short-term volatility increased, prompting investor caution. The main drivers behind this unusual move are that ETH on-chain Gas fees have fallen to historical lows, causing the EIP-1559 burn amount to decline. As a result, the net-supply contraction effect weakened, and the supply-demand structure faced adjustment pressure in the short term. Meanwhile,

The decentralized exchange aggregator Jupiter launched a Token Verification API (VRFD) on April 8, allowing developers to implement programmatic verification during token creation. The API uses a three-step process; developers must burn 1,000 JUP tokens to submit a verification request, and it requires no Gas fees. The initiative aims to become the standard foundational infrastructure for Solana projects.

Gate News update: On April 7, according to The Information, Sam Altman is accelerating the process of an OpenAI IPO, while also pledging to invest $600 billion in compute infrastructure. Notably, OpenAI insiders have privately warned that by 2030, the company’s cash burn will surge sharply.

Gate News message, on April 3, edgeX released an announcement stating that it has permanently destroyed 2.52837 million EDGE tokens. The announcement stated that the burning of EDGE tokens obtained from the buyback has officially been initiated; going forward, it will permanently destroy the tokens obtained from the buyback once every 24 hours.

The Ethereum Foundation’s Barnabé Monnot introduced an “execution tickets” mechanism at the EthCC conference. The goal is to reduce block proposer monopolistic power by using a protocol auction for transaction execution and ordering rights, thereby increasing transparency and fairness. The revenue from execution tickets will be directly burned, ensuring that MEV profits are fairly distributed to all ETH holders, and lowering the participation barrier for home stakers. This mechanism is a core proposal of the Ethereum roadmap’s “Scourge” phase, and it will effectively prevent transaction censorship.

Cosmos ecosystem project Neutron announced on April 1 the launch of the NTRN redemption mechanism. Holders can burn NTRN to receive USDC. The deposit period runs from April 1 to April 30, and redemption requests will open on May 1 and close on June 30. The foundation’s NTRN will not participate in the redemption and will be burned.

Gate News update: On April 1, according to Coingecko data, the TRON ecosystem token JST saw its price break through the $0.061 threshold within 24 hours, reaching a high of $0.06341. Backed by JustLend DAO’s buyback-and-burn mechanism, JST has already cumulatively burned more than 1.085 billion tokens to date, accounting for 10.96% of the total supply.

Gate News reported that on March 23, according to BlockSec monitoring, the PancakeSwap BCE-USDT liquidity pool on the BSC chain was attacked a few hours ago, resulting in losses of approximately $679,000. The attack was caused by a defective burn mechanism in the BCE token. The attacker deployed two malicious contracts that successfully bypassed buy-sell restrictions and triggered token burning within the pool, causing the pool's reserve ratio to become unbalanced, ultimately draining approximately $679,000 in funds from the BCE-USDT pool.