Odaily Star Daily News, Flare Network stated in an article on X platform that it has burned 66 million FLR Tokens (about 1.4 million US dollars), and its goal is to accumulate 2.1 billion Tokens by 2026. This will further reduce the circulating supply, including transaction fees and unclaimed rewards.

‍ #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617