Genius Terminal Just Burned 4% Of Its Token Supply!

@GeniusTerminal has announced the permanent removal of approximately 3.99% of its $GENIUS token supply from circulation. The burn amounts to 39.9 million $GENIUS tokens, valued at nearly $24 million at the time of writing.

The move is tied to the project's Season 1 Airdrop program, which has a total allocation of 70 million tokens. The full scale of the burn, however, will not be known until April 20.

$GENIUS launched earlier this week to immediate backing from several major exchanges, including @Binance Alpha, @Bitget, and @MEXC. Alongside the listing, the platform released a new whitepaper and roadmap laying out key milestones for the project and its community.

The launch week also brought a notable endorsement when @cz_binance, who already serves as an advisor to the project, officially followed @GeniusTerminal on @X, signalling a closer public association with the platform.