💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Avalon Labs has burned 80 million AVL tokens, representing 44% of the total supply in circulation
BlockBeats News: On June 9, Bitcoin financial services platform Avalon Labs announced that it had officially burned 80 million governance tokens AVL, worth about $16 million, accounting for 44% of the current total circulation. The tokens burned this time are mainly the shares that were not claimed by users during the airdrop. Avalon Labs launched a governance token airdrop in March 2024, attracting more than 100,000 users to participate in the collection, and has successfully distributed $20 million worth of AVL. With the end of the event, the remaining 80 million unclaimed tokens will be officially burned to control the token supply into a deflationary cycle and further consolidate the long-term value foundation of AVL