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Wu Blockchain (@WuBlockchain): Avalon Labs has announced the burn of 80 million AVL tokens, representing approximately 44% of the circulating supply. The burned tokens primarily cam…

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Avalon Labs has announced the burn of 80 million AVL tokens, representing approximately 44% of the circulating supply. The burned tokens primarily came from unclaimed allocations in an earlier airdrop campaign. Launched in March 2024, the campaign saw a total of $20 million worth of AVL successfully claimed.Avalon Labs is a Bitcoin financial services platform, which previously announced the completion of its strategic funding round, led by YZi Labs. https://t.co/TFmw9A5tPj

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