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Click on the link to view details: https://www.gate.io/announcements/article/44956 According to official announcements, the on chain destruction of GateToken (GT) in Q1 2025 has been officially completed. A total of 1542910.7518074 GT were transferred to the destruction address, with a destruction value exceeding 33.84 million US dollars. On chain transaction details can be found at: https://etherscan.io/tx/0x07d08231fb04140708621348b3e030978c4feedceb4113f214cf085732ce9ec4 Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous destruction mechanism, resulting in a significant reduction of approximately 59.54% in the total number of tokens from the initial 300 million. Key information for this destruction: Quantity destroyed this time: 1542910.7518074 GT The value of this destruction is approximately 33.8452 million US dollars Accumulated destruction total: 178632323 GT Accumulated total destruction value: approximately 3.92 billion US dollars (calculated at current prices)
