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TRX $0.3353 +0.08%
DOGE $0.0908 +1.47%
ADA $0.2227 +1.79%
BCH $260.47 +0.86%
LINK $13.21 +7.44%
HYPE $87.63 -1.35%
AAVE $133.29 -1.46%
SUI $0.8244 +3.71%
XLM $0.1926 +3.67%
ZEC $1,179.14 -0.89%

Entangle announces a reduction in the circulating supply of NGL and the destruction of 25% of team tokens

2024-07-17 09:51:10

ChainCatcher news, Entangle announced a significant reduction in the issuance of $NGL tokens and burned 25% of the team tokens to demonstrate long-term transparency.

By burning 25% of the team tokens, the circulating supply is permanently reduced by 3%, and 2.5% of the liquidity supply is locked for one year. The $NGL token economic model now demonstrates the long-term sustainability needed to support the infrastructure.

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