$CORE CORE currently has a token burn rate of 20% to 30%, determined by the Core DAO.
Market buyback and burn: Some protocol revenue is used to repurchase and burn tokens from the market.
Historical burn records:
- July 2023: 15 million tokens burned
- January 2024: 9.8 million tokens burned
- October 2024: 8.2 million tokens burned
By 2025, approximately 420 million tokens have been burned in total, accounting for 20% of the initial total supply.