PANews reported on July 3 that according to the official announcement, the on-chain destruction of WBS, the platform currency of the crypto asset trading platform Websea, has been completed in June 2025. This time, 2,084,965.31 WBS were transferred to the destruction address, and the number of WBS destroyed increased by 220,362 compared with the previous month.
As of press time, the price of WBS is $1.07, the destruction value exceeds $2.23 million, and the cumulative destruction of WBS has reached 61,549,583.7 pieces. It is reported that Websea will use 10% of the platform fee to repurchase and destroy WBS every month, gradually reducing the supply of WBS until the total amount drops from 300 million to 100 million.