🚨BREAKING! Soon, $WAL will suffer immense… ...deflationary pressure (hope we didn’t scare you šŸ˜) once the token burning mechanism kicks in! This is bullish, anon. Very soon, all transactions conducted on the @WalrusProtocol will burn $WAL tokens into oblivion. šŸ”„ As we’ve seen on the Walrus @Dune dashboard, usage is increasing, and with the coming burn mechanism, $WAL will become scarcer, and enhance the overall protocol performance! Not only that, but users will soon have the option to pay in USD to help maintain strong price predictability. Stay tuned, frens! 🫔
Show original
31.35K
430
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.