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MetYa has completed the first round of MY quarterly burn in 2026, permanently destroying approximately 5,756,710 MY tokens.
Mars Finance reports that according to an official announcement from MetYa, MetYa has completed its first quarterly $MY token burn for 2026. This burn was executed based on the MetYa token economic model and the “Withdrawal Ladder Burn” strategy, with all burned tokens sent to a black hole address and permanently destroyed as per the protocol. The announcement states that a total of 5,756,710 MY tokens were permanently burned on February 7, 2026. The related on-chain records have been verified and published via BscScan. The announcement also notes that MetYa will continue to promote its deflationary plan, aiming to gradually reduce the total market circulation to 100 million tokens.