According to BlockBeats news, on August 1, the Websea platform completed the 34th round of platform coin WBS destruction. Data shows that a total of 2,165,156.28 WBS were destroyed this time, an increase of 80,190.97 pieces compared to last month, setting a new record for the repurchase and destruction mechanism. As of the time of writing, the price of WBS is $1.18, and this destruction is worth over $2.55 million.
After this destruction, the total amount of WBS destroyed has reached 63,714,740.08, completing 31.86% of the goal to destroy 200 million pieces. It is reported that the platform will continue to use 10% of the monthly transaction fee revenue for repurchase and destruction until the total supply of WBS is reduced to 100 million pieces.