JST Undergoes Second Buyback and Burn: Cumulative Burn Reaches 10.96% of Total Supply, Accelerating Entry into New Phase | Bee Network
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Over the past two years, prediction markets have rapidly moved from a fringe concept in the crypto world into the mainstream of technology venture capital and financial capital. Kalshi, a rising star in compliance, recently completed a $1 billion Series E funding round, raising its post-money valuation to $11 billion. Its investors include some of the most influential firms such as Paradigm, Sequoia, a16z, Meritech, IVP, ARK Invest, CapitalG, and Y Combinator. Polymarket, the industry leader, received strategic investment from ICE at a valuation of $9 billion, and then raised $150 million in a funding round led by Founders Fund at a valuation of $15 billion. It is currently raising funds again at a valuation of $12 billion. Despite the massive influx of capital, whenever we publish in-depth articles predicting…# Analysis# defi# ethereum# Market# TokenPre
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- According to the official announcement from JustLend DAO, this burn corresponds to an estimated value exceeding $21 million. Combined with the amount from the first JST burn, the cumulative number ...