Beam Foundation: Node Token has minted over 72 million dollars, and approximately 52 million dollars of BEAM have been destroyed
According to data from the Beam Foundation, 57,959 Beam Node Tokens have been minted with a total value of $72 million. At the same time, 1,741,942,255 $BEAM tokens were destroyed with an estimated value of about $52 million accounting for nearly 3% of the circulating supply. Currently, the cost to mint each Node Token has increased to $3750.
Beam Nodes are expected to go live at the end of January 2025. The team is working on optimizing the delegation management panel where users will be able to view rewards and delegate or attract others to delegate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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