Gate News message, April 24 — Shiba Inu's token burn rate surged 405% over the past 24 hours, with over 2.5 million SHIB tokens permanently removed from circulation. The tokens were sent to inactive wallets, reducing the total supply as part of the ecosystem's long-term scarcity strategy. The

JST's buyback and burn program has successfully burned 1.35 billion tokens, or 13.70% of its supply, valued at $60.03 million. The initiative, completed in three phases, creates a self-sustaining deflationary cycle using protocol revenues.

World Liberty Financial proposed a governance restructuring affecting 62.28 billion WLFI tokens, including a potential burn of up to 4.52 billion tokens for eligible holders. The plan aims to align governance participation over two years, amid concerns about token unlocks and governance transparency.

JustLend DAO completed its third JST token buyback and burn, destroying over 271 million tokens worth $21.3 million. Cumulative burns have now reached 1.36 billion tokens, or 13.70% of the total supply, with plans for ongoing quarterly cycles.

World Liberty Financial has proposed a governance restructuring imposing multi-year lockups on 62.3 billion WLFI tokens worth $1.3 billion, introducing fixed vesting schedules for holders, including a token burn of 4.5 billion.

The BNB Foundation completed its 35th token burn, destroying 1.569 million BNB and reducing the total supply to approximately 134.8 million BNB. The goal is to lower the supply to 100 million BNB, supporting the ecosystem's long-term health.

Circle has launched a new cross-chain USDC payment mechanism for high-frequency settlements, utilizing the Cross-Chain Transfer Protocol to pre-fund transfers and enable batch settlements, thereby minimizing operational overhead and reducing burn operations.

World Liberty Financial (WLFI) has proposed a governance plan locking 62.2 billion WLFI tokens for two years, with different vesting schedules for advisors and early supporters. This aims to enhance long-term governance in DeFi and includes a token burn requirement.

Genius announced its first-season airdrop plan, which will distribute 70M GENIUS. Users can choose to claim immediately or lock it up for one year. Immediate claiming will face a 70% burn penalty, while locking up can receive 100% allocation. This mechanism is designed to attract long-term community members and prevent short-term speculation.

Flare announced a governance proposal on April 10. The plan is to capture the maximum extractable value (MEV) to the protocol layer through a newly established entity called FIRE, and to repurchase and burn FLR tokens. The proposal includes a three-stage block-building reshaping, along with the FLR annual inflation rate and an annual hard cap reduction, with the goal of optimizing the network’s economic model and improving protocol transparency and security.