Recapping Solana DeFi this week Launchpads, token burns, debit cards, and a major stablecoin milestone👇
2. @orca_so burned 25 million ORCA tokens → 25% of total supply burnt as per community proposal → Reduces circulating supply and aligns with long-term sustainability
As per the proposal passed by you, the ORCA token holders... đŸ”„ 25 million ORCA tokens have been burned and sent to the abyss 🌊 This reduces the total supply of tokens by 25%. Please stand by for further announcements as we work to execute the remaining parts of the proposal. Excited to continue swimming along with the community! 🐳 #ItsTimeToLevelUp
3. @circle minted another $250M USDC on Solana, → Total supply on Solana reaches to $10B → Strengthens Solana’s position as a high-throughput, stablecoin chain
🚹BREAKING: @circle MINTS ANOTHER $250,000,000 USDC ON SOLANA — HITTING $10B TOTAL!!! 🚹
5. @sanctumso hits 10M SOL TVL → Climbed from 1M to 10M SOL in exactly a year → Sanctum-issued bnSOL, dSOL, and jupSOL are fastest growing LSTs
1 year on, from 1M to 10M. We're thankful for the support of every single member of the Cloudfam. We're here for the long-run, let's get it! ☁
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