Hyperwave to Hold Token Burn on December 6th

Name: Token Burn
Start: 2025-12-06T00:00:00Z
End: 2025-12-07T00:00:00Z

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Hyperwave will host the first token burn event of the week on December 6th.

Event date: December 6, 2025 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

Hyperwave
@hyperwavefi

Burning season has begun.

50% of $HWAVE buybacks will now be burnt to remove tokens permanently from circulating supply. The other 50% will be sent to the $GWAVE vault.

The first weekly burn will happen after the staking window closes tomorrow.

The event is about to begin