According to Foresight News, TON ecosystem Launchpad platform TonUP released a letter from the founder to the community and announced the destruction of 13 million UP tokens. This destruction permanently removed 13% of the total supply of UP tokens, corresponding to all team shares and advisory shares.

In addition, TonUP also announced that it will initiate a proposal to destroy DAO share tokens. A three-day vote will begin tomorrow, and the community will decide whether to destroy 30% of the tokens.