Step Finance destroyed another 12.5 million STEPs, reducing the circulating supply to about 350 million

Odaily News On-chain data shows that about 4 hours ago, Step Finance destroyed another 12,500,000 STEPs. So far, Step Finance has destroyed 25 million STEPs through its STEP SUMMER BURN plan, and the current circulating supply is about 350 million. It is reported that the STEP SUMMER BURN plan will last for 4 weeks, destroying 12.5 million STEPs per week, totaling 50 million STEPs (8% of the total supply and 13% of the circulating supply), aiming to reduce supply and reward the community.