OpenZK announces that it will burn 25% of the total Token supply.

DailyNews

2025-04-30 12:20:18

On April 30, news broke that OpenZK will soon burn a large amount of tokens, accounting for 25% of its total token supply. OpenZK stated that this move is to benefit the community and initiates the OZK deflationary tokenomics, which will bring significant positive impacts on its long-term network development, community building, and transparency. The effects of the deflationary mechanism will gradually transmit to the coin price. It is reported that the first large-scale token burning will take place on May 7.

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