Ultraround Money is a deflationary token system with a dynamic burn protocol. Designed to react adaptively to Circle’s market performance, it modulates its burn rate to ensure optimized responses for volatile market conditions. Unlike conventional deflationary token systems, Circle does not rely on buy/sell taxes to fuel token burns. Instead, it harnesses rewards claimed through the Circular Burn Loop, generated via the Uniswap v3 LP.
Odaily reports: Porsche announced on October 1 that it is ending its Web3 project and PIONEERS CIRCLE. The PORSCHE 911 NFT will remain in holders' wallets and on-chain, the PIONEERS Discord server will be converted to a read-only archive, and the @eth_porsche account will stop posting updates.The collection was originally planned to issue 7,500 pieces, with minting opening in January 2023 at 0.911 ETH each, and ultimately 2,363 pieces were minted. Porsche has not announced any token burn, buyback, migration, or redemption plans, and holders can still hold, transfer, or list their NFTs for sale.The PORSCHE 911 NFT has accumulated nearly $20 million in total trading volume, with approximately $38,000 in trading volume over the past year and about $2,900 over the past month. (Bitcoin.com News)
Odaily News: Porsche's Web3 project PORSCHΞ announced on X that the project and the PIONΞERS CIRCLE community have ceased operations. Follow-up arrangements include: the previously issued PORSCHΞ 911 NFT will continue to be held by holders and remain on the blockchain, the PIONΞERS Discord server will be converted to a read-only archive state, and the official PORSCHΞ project X account will no longer be actively updated.Additionally, according to NFTScan data, the current floor price of PORSCHΞ 911 NFT is 0.0794 ETH, with only sporadic transactions recently.
Odaily reports: Porsche announced on October 1 that it is ending its Web3 project and PIONEERS CIRCLE. The PORSCHE 911 NFT will remain in holders' wallets and on-chain, the PIONEERS Discord server will be converted to a read-only archive, and the @eth_porsche account will stop posting updates.The collection was originally planned to issue 7,500 pieces, with minting opening in January 2023 at 0.911 ETH each, and ultimately 2,363 pieces were minted. Porsche has not announced any token burn, buyback, migration, or redemption plans, and holders can still hold, transfer, or list their NFTs for sale.The PORSCHE 911 NFT has accumulated nearly $20 million in total trading volume, with approximately $38,000 in trading volume over the past year and about $2,900 over the past month. (Bitcoin.com News)
Odaily News: Porsche's Web3 project PORSCHΞ announced on X that the project and the PIONΞERS CIRCLE community have ceased operations. Follow-up arrangements include: the previously issued PORSCHΞ 911 NFT will continue to be held by holders and remain on the blockchain, the PIONΞERS Discord server will be converted to a read-only archive state, and the official PORSCHΞ project X account will no longer be actively updated.Additionally, according to NFTScan data, the current floor price of PORSCHΞ 911 NFT is 0.0794 ETH, with only sporadic transactions recently.