StaFi Protocol Activates FIS Token Burn Mechanism

According to BlockBeats, on September 25, StaFi Protocol announced on social media that the FIS token burn mechanism has been activated and deployed on the StaFi Chain. The announcement stated that a certain amount of FIS tokens will be burned every 30 days, with regular updates provided. Additionally, StaFi Protocol is preparing a series of proposals aimed at increasing the amount of $FIS burned and further reducing inflation.