Oly One has launched a black hole destruction mechanism, achieving permanent deflation of OLY tokens through smart contracts

ChainCatcher news, according to official sources, Oly One has launched a black hole destruction mechanism, which automatically destroys a portion of OLY tokens with each transaction executed through a smart contract, achieving permanent deflation.

This mechanism aims to provide stability to the DeFi sector by reducing the token supply and combines it with a dynamic bottom-support structure to enhance the self-regulating capability within the ecosystem.