Aevo burns 69 million tokens, 6.9% of total supply

Decentralized crypto options exchange Aevo (AEVO) announced via its official X account that it has burned 69 million AEVO, equivalent to 6.9% of the total supply, from circulation. The move was carried out in accordance with community governance proposal AGP-3. Aevo stated that the burn signals a new beginning and demonstrates its commitment to preserving the token's value.