##floki姐妹币tokenfi

$TOKEN has burned $240,582 so far in March amid strong utility demand

Due to strong demand for#TokenFiutility products, a total of 2,073,984 $TOKEN worth $240,582 has been destroyed at the time of writing. Even though it’s only 23 days of the month!

We expect these burns to accelerate with the launch of TokenFi Launchpad later this month.

These utility-based burns automatically remove $TOKEN from circulation as demand and usage of TokenFi products increases, and they will continue into the future as TokenFi product adoption increases.

Specifically, these burns are driven by three key TokenFi products:

1. The TokenFi staking plan has a 5-20% early cancellation penalty in the form of $TOKEN, which will be destroyed whenever a TokenFi staker cancels their pledge early.

2. TokenFi Token Launcher allows people to create crypto tokens on the top EVM blockchain with just a few clicks.

3. TokenFi QuickLaunch Bot enables over 1 billion Telegram and Discord users to create crypto tokens directly from these chat apps in just a few clicks.

With the launch of TokenFi Launchpad on the 28th of this month, and the launch of several other products, including TokenFi RWA tokenization module (will use Chainlink reserve proof and#CCIPtechnology), TokenFi AI smart contract auditor, TokenFi for NFT Generating AI and TokenFi Connect – We expect utility-driven $TOKEN burning to accelerate and ultimately be net deflationary for $TOKEN.