TonUP to Destroy Team and Advisor Share of UP Tokens, 13% of Total Supply
On September 18, TonUP, the TON Eco Launchpad platform, posted that the team decided to voluntarily destroy all team-held and advisor-allocated tokens, representing 13% of the total supply. In total, 13 million UPs were burned with the goal of reinforcing its belief in a sustainable and deflationary model that benefits all holders.
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.
You may also like
Alphatec CEO Patrick Miles buys 115,000 shares for $1.01 million
Rubrik CTO Arvind Nithrakashyap disposes of Class A shares worth $4.19 million
Hasnur Internasional Shipping names Jayanti Sari CEO, replaces director Rahmad Pudjotomo
Ibex COO David Martin Afdahl disposes of 17,500 common shares for $649,008.5