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TechFlow reports that cross-chain DEX project Chainflip Labs has announced the full protocol launch is now live, with the FLIP buyback and burn mechanism activated. A 0.1% fee is deducted from each swap via the protocol and used to purchase and burn $FLIP. As protocol trading volume increases, more $FLIP will be burned.
Cross-chain DEX project Chainflip Labs has announced the full protocol launch is now live, with the FLIP buy-and-burn mechanism activated. For every swap conducted through the protocol, a 0.1% fee is collected and used to purchase and burn $FLIP. As protocol trading volume increases, more $FLIP will be burned.
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