$AXGT Supply Update: Strengthening the Future of Decentralized Science

By permanently removing 127.53M AXGT (~12.7% of total supply to date), on @etherscan. AxonDAO has taken a major step to offset fiat’s inflationary pressures while decreasing the total $AXGT supply. This aligns with our long-term vision of creating an accelerated, robust, and sustainable ecosystem for $AXGT holders and the AxonDAO community.

Before All Burns:
Total Supply: 1,000,000,000 $AXGT

After All Burns: (as of 1/22/2025)
Total Supply: 872,467,713 $AXGT

Current Circulating Supply: 184,006,965 $AXGT

Long-Term Effects:
1. Scarcity and Growth
With a reduced total supply, $AXGT becomes scarcer, increasing its potential market demand and long-term sustainability.

2. Strengthening the Ecosystem:
This burn reinforces our commitment to responsible tokenomics and momentous growth, ensuring $AXGT remains a strong utility token for AxonDAO’s growing community.

3. DeSci Independence:
AxonDAO is leading the charge in discovering new ways to decentralized science by combining innovative tokenomics with real-world utility in health, research, and AI. This burn signals our dedication to transparency and growth for the long-term.

What’s Next?
With new projects and increasing utility for $AXGT, this is just the beginning. As AxonDAO continues to expand, the demand and use cases for $AXGT will expand across our ecosystem, driving adoption and innovation in decentralized science for all.

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