TechFlow reports that cross-chain DeFi protocol Entangle has announced a regular token burn of $NGL to maintain tokenomic stability. Built on Cosmos Tendermint STK and utilizing a Proof-of-Stake (PoS) mechanism, Entangle experiences approximately 0.24% annual inflation, necessitating periodic burns of excess tokens to keep the total supply under one billion.
The first $NGL token burn has been successfully completed, and users can view the burn transaction details via the Entangle blockchain explorer.




