This was the exact playbook on SOL with pump. Each time a token bonds from Arena Launch, AVAX gets locked in the LP forever and effectively “burned.” Even if the token is completely sold off afterwards. At scale, Arena Launch will “burn” more AVAX than anything else on-chain. If you are rooting for @avax to win, you should be rooting for Arena Launch.
Did you know each token that bonds on @TheArenaApp from @jasonmdesimone essentially burns 123 @avax If we bond 7.2 million tokens we basically burn the entire total supply of @avax How many tokens bonded so far @AvalancheFDN ? You know what this means?
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