Step Finance destroyed another 12.5 million STEPs, reducing the circulating supply to about 350 million

On-chain data shows that about 4 hours ago, Step Finance destroyed another 12,500,000 STEP. So far, Step Finance has destroyed 25 million STEP through its STEP SUMMER BURN plan, and the current circulating supply is about 350 million. It is reported that the STEP SUMMER BURN plan will last for 4 weeks, destroying 12.5 million STEP per week, totaling 50 million STEP (8% of the total supply and 13% of the circulating supply), aiming to reduce supply and reward the community.