Odaily Planet Daily News: According to the official announcement, the on-chain destruction of GateToken (GT) for Q1 2025 has been officially completed. A total of 1,542,910.7518074 GT has been transferred to the destruction address, with a destruction value exceeding 33.84 million USD. On-chain transaction details can be viewed at: https://etherscan.io/tx/0x07d08231fb04140708621348b3e030978c4feedceb4113f214cf085732ce9ec4 Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous destruction mechanism, and the total token supply has been significantly reduced from the initial 300 million to about 59.54%. Key information about this destruction: - Amount destroyed this time: 1,542,910.7518074 GT - Destruction value this time: approximately 33.84 million USD - Total cumulative destruction amount: 178,632,323 GT - Total cumulative destruction value: approximately 3.92 billion USD (calculated at current prices)