On April 30, OpenZK announced that it is about to burn a huge amount of tokens, accounting for 25% of its total tokens. OpenZK said that this move is to benefit the community and open up the token economics of OZK's deflation, which will have a huge positive impact on the long-term development of its network, community building and transparency. The effect of the deflation mechanism will gradually be transmitted to the currency price. It is reported that the first large-scale token destruction will take place on May 7.
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