Osmosis to Hold Token Burn

Name: Token Burn
Start: 2025-05-07T00:00:00Z
End: 2025-05-08T00:00:00Z

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Osmosis has completed its monthly token burn, permanently removing 164,000 OSMO tokens from circulation. This initiative is part of an ongoing deflationary mechanism whereby 50% of the OSMO tokens collected from taker fees are burned each month. To date, approximately 3 million OSMO tokens have been eliminated through this process, contributing to long-term supply reduction and value optimization for holders.

Event date: May 7, 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.

OSMO Price Changes After Event Publication

OSMO Events on the Chart

5.61%

1 day

15.36%

2 days

82.01%

Now (Added 1 year ago)

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