As of May 20, 2025 (KST)
BGSC incineration worth KRW 250 billion
On May 20, 2025, the BuckScoin (BGSC) Foundation announced that it has officially burned a total of 20 billion BGSC. This is equivalent to 50 billion 401 TP3T of the total supply and is the largest circulating supply reduction in Buckscoin history.
We see this as a strategic decision for long-term token value stabilization and ecosystem sustainability. While the specific reasons behind the burning are not disclosed due to internal policy, the foundation has sent a strong message to the market in terms of managing circulating supply.
Burn details
- Burn quantity: 19,987,499,999 bgsc
- Estimated value: Approximately $180 million ($25 billion)
- 👉 View transaction details (BscScan)
✍️ Author's Perspective
We believe that this 20 billion burn is not just an event, but a decision that demonstrates BuckScoin's ecosystem design philosophy. Removing 40% from circulation is not a one-time event to "pump the price", but rather a declaration of a true long-term holder-centric structure.
Burns of this magnitude are rare, especially among the many projects operating on the BNB chain, I'd say it's a bold move for a community-based token.
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