Websea burned 2.16 million WBS in August, bringing the total amount burned to over 63.7 million.

BlockBeats news, on August 1st, the Websea platform completed the 34th phase of the Platform Token WBS burn. Data shows that a total of 2,165,156.28 WBS was burned this time, an increase of 80,190.97 coins compared to last month, setting a new record for the buyback and burn mechanism. As of the time of writing, the WBS price is 1.18 USD, and the value of this burn exceeds 2.55 million USD. After this burn, the total amount of WBS burned has reached 63,714,740.08 coins, completing 31.86% of the goal of burning 200 million coins. It is reported that the platform will continue to use 10% of the monthly transaction fee revenue for buyback and burn until the total supply of WBS is reduced to 100 million coins.