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- 🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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https://www.gate.com/announcements/article/45974
$WSI adds more than 12% after announcing 50M $WSI token Burn
$WSI, the utility token unlocking a world of advantages within the WeSendit Web3 ecosystem, is up over 12% in the past 24hours, & now trades around $0.007614, with inflow of $2.12M, as per Gate.io chart
WeSendit today announced that a staggering 50 million $WSI token burn event is happening soon. The Burned $WSI tokens will be permanently removed from the Team Tokenomics Pool, holding a total of 180 million $WSI, & 12% of the total supply. While an additional 10% of the Web3 revenue each quarter will be Burned, aiming to reduce circulating supply & increase revenue.