Entangle announces a reduction in the circulating supply of NGL and the destruction of 25% of team tokens.

Sep 12, 2024 00:46:06

Share to

ChainCatcher news, Entangle announced a significant reduction in the issuance of $NGL tokens and burned 25% of the team tokens to demonstrate long-term transparency.

By burning 25% of the team tokens, the circulating supply is permanently reduced by 3%, and 2.5% of the liquidity supply is locked for one year. The $NGL token economic model now demonstrates the long-term sustainability needed to support the infrastructure.

Recent Fundraising

More
$7M 1月 14
-- 1月 14
$7M 1月 14

New Tokens

More
1月 26
1月 22
1月 21

Latest Updates on 𝕏

More