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News
Oly One launches black hole burn mechanism, achieving permanent deflation of OLY tokens through smart contracts

Oly One launches black hole burn mechanism, achieving permanent deflation of OLY tokens through smart contracts

ChaincatcherChaincatcher2025/10/19 13:01
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According to ChainCatcher, Oly One has launched a black hole burn mechanism. This mechanism utilizes smart contracts to automatically burn a portion of OLY tokens during each transaction, achieving permanent deflation.

This mechanism aims to provide stability to the DeFi sector by reducing the token supply and combines it with a dynamic bottoming structure to enhance the ecosystem's self-regulation capabilities.

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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.

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