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The mystery of the destruction of 50 million SAVE, accounting for 50% of the supply
On May 13, the lending protocol in the Solana ecosystem named Save (, previously known as Solend), announced the cancellation of 50 million SAVE Tokens, accounting for 50% of the total supply. This reflects a move to manage the supply of Tokens to create stability and increase value for Holders. In the context of a volatile crypto market, controlling the supply can help enhance the reliability and attractiveness of the project to investors.
This action shows that Save is making efforts to adjust the Token structure to optimally leverage its potential and strategy while protecting the interests of the community. However, interested parties should note that this information is for reference only and is not investment advice.
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