SUN completed the 42nd token buyback and burn, with a total destruction amount exceeding 500 million tokens
ChainCatcher news, according to the official announcement, Sun.io officially released a notice that from April 17, 2025, to May 15, 2025, the 42nd phase of token buyback and destruction was completed, with a total of 3,604,388.6187 SUN tokens destroyed, and the related tokens have been transferred to the black hole address. Data shows that since December 15, 2021 (Singapore time), a total of 502,577,256.07 SUN tokens have been repurchased and destroyed, of which 341,562,185.91 tokens were destroyed through SunSwap V2 revenue and 161,015,070.16 tokens were destroyed through SunPump revenue. This buyback and destruction mechanism effectively enhances the scarcity of SUN tokens and creates long-term value for holders.