Token Burn Event - 1M GOOB Burned

This month, we've successfully burned 1,000,000 GOOB tokens, permanently removing them from circulation and reducing the total supply.

Burn Details

• Amount Burned: 1,000,000 GOOB
• Burn Address: 0x000000000000000000000000000000000000dEaD
• Transaction Hash: View on BscScan
• Date: November 8, 2025

Why We Burn Tokens

Token burns are a core part of GOOB's deflationary tokenomics:

1. Supply Reduction: Each burn permanently reduces the total supply
2. Value Appreciation: Lower supply can lead to increased token value
3. Community Rewards: Burns benefit all holders by increasing scarcity
4. Long-term Sustainability: Creates a deflationary pressure on the token

Burn Mechanism

GOOB uses multiple burn mechanisms:

• Transaction Burns: Automatic burns on each transaction
• Buyback Burns: Periodic buyback and burn events
• Manual Burns: Strategic burns from team allocations

Impact on Supply

With this burn, the total supply has been reduced, making each remaining GOOB token more valuable. This is part of our commitment to creating long-term value for our community.

Future Burns

We're committed to regular burn events. Stay tuned for the next burn announcement!

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Track all burns on our Burn Tracker page.