OORT Foundation Burns Tokens to Boost Ecosystem Growth

The OORT Foundation has announced another significant burn of its OORT tokens, contributing to the ecosystem’s long-term growth and value for community members. This latest action adds to a growing trend of deflationary mechanisms aimed at reducing the token supply. 1.5 million OORT tokens were permanently removed from circulation, marking the fourth quarterly burn since the project began. The foundation has been actively burning a substantial portion of its tokens throughout the year and has already burned over 8 million tokens. This initiative seeks to benefit both community members and long-term OORT holders by increasing scarcity and driving demand for the token.