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Websea announced the completion of the monthly burn of the Platform Token WBS in June 2025, worth over $2.23 million.
PANews July 3 news, according to an official announcement, the on-chain destruction of the Platform Token WBS of the encryption asset trading platform Websea has been completed in June 2025. A total of 2,084,965.31 WBS was transferred to the destruction Address, and the number of WBS destroyed increased by 220,362 coins compared to last month. As of the time of publication, the WBS price is $1.07, with a total value of over $2.23 million destroyed, and the cumulative destruction of WBS has reached 61,549,583.7 coins. It is reported that Websea will use 10% of the platform’s transaction fees each month for the repurchase and destruction of WBS, gradually reducing the supply of WBS until the total amount decreases from 300 million coins to 100 million coins.