🔥 $IOST: 70 million tokens burned. But there’s a catch!

Several interesting events have taken place at IOST.

🔥 70,000,000 IOST have been permanently destroyed. This is part of the token supply management strategy.

⚙️ The network received the V4.10.0 update, aimed at improving stability and security.

But don’t celebrate just yet!

📦 According to a published analysis, around 12.39 billion IOST are still scheduled to be unlocked through 2030.

This creates an interesting situation:
— On the one hand, burning reduces the supply.
— On the other hand, future unlocks could create additional pressure.

And here’s the main question:

Can the project’s development generate enough demand to offset the influx of new tokens into the market?

What do you think: does IOST still have a future, or will it be difficult for the project to regain investors’ attention? 👀

$IOST

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