TechFlow news, June 9 — According to an official announcement, Bitcoin financial services platform Avalon Labs has announced the permanent burning of 80 million governance tokens (AVL), worth approximately $16 million, accounting for 44% of the current circulating supply. The burned tokens primarily consisted of unclaimed allocations from the airdrop period.
Previous report: YZi Labs invests in Avalon Labs to advance the development of the Bitcoin finance ecosystem.





