XTTA has cumulatively burned 50 million tokens, accounting for 12.5% of the total supply, accelerating the deflation process.

BlockBeats News, November 4th, TrendX announced that since the launch of the XTTA self-mining mechanism, 50,000,000 tokens have been burned, accounting for 12.5% of the total supply. The official team stated that the ongoing burning mechanism is effectively enhancing the scarcity and value support of XTTA.

TrendX revealed that as the mining network continues to expand, Owlverse ecosystem projects are being launched one after another, and the world's first physical Web3 AI pet Owlie is set to be released by the end of the year, the application scenarios are being implemented, XTTA is gradually entering a more pronounced deflationary cycle. The official team expects that the future cumulative burn of XTTA is expected to exceed 50% of the total supply, entering a strong deflationary phase, injecting new growth momentum into the Web3 mining financial system.

TrendX stated that they will continue to use the "mining-driven + deflation mechanism" as the core strategy to promote XTTA to establish long-term competitiveness in the global DePIN and smart finance fields.