New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
#OORT Nearly 700 million in circulation, with 4 million tokens burned each quarter, but 8 million tokens will be unlocked each quarter over the next two and a half years. Market cap = Price × Circulating Supply. If the market cap remains unchanged, reducing the circulating supply will cause the price to rise. Currently, the price has increased by 100%: approximately 50% of the circulating supply needs to be burned, which is about 299 million tokens. This calculation is an extremely simplified theoretical model. It assumes that the market cap remains completely unchanged, with no new token unlocks or selling pressure, and that market sentiment is unaffected by burns. In reality, relying solely on burns to achieve such effects is difficult; demand is the true engine of price increases: the fundamental determinant of price is buying demand. Token burns can only significantly enhance value by creating scarcity when demand is stable or growing.