Aelf, an AI-enhanced blockchain network, has conducted a significant token burn of $ELF tokens to strengthen its tokenomics and promote migration to the mainnet ecosystem. The burn involved 295,519,800 $ELF tokens worth $128M. This is the second token burn for aelf, following one in September 2023 where they burned 393,226,908 $ELF tokens. The token burn aims to increase the value of the remaining tokens and support aelf's vision of incentivizing mainnet migration, expanding the ecosystem, and reinforcing tokenomics. The burn does not affect $ELF holders, who can continue to use token swaps and exchanges. aelf is committed to advancing its mainnet's stability and fostering innovation.



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