📢Good news! The cross-chain DeFi protocol Entangle announced that it will regularly destroy $NGL tokens to maintain the stability of the token economy. 🎉🎉🎉

Entangle is based on Cosmos Tendermint STK and adopts the Proof of Stake (PoS) mechanism. Due to the inflation rate of about 0.24%, Entangle needs to regularly destroy excess tokens to ensure that the total supply always remains within one billion. 🔥🔥🔥

The first $NGL token destruction has been successfully completed, and users can view the destruction transaction details through the Entangle blockchain browser. This is undoubtedly an important milestone and a manifestation of confidence in the future development of Entangle. 💪💪💪

The blockchain industry is developing rapidly, and this move by Entangle has undoubtedly set a good example for the entire industry. Let us look forward to more good news together! 🚀🚀🚀