Nabox to Burn 500 Billion $NABOX Tokens

Our ultimate goal: reduce total supply to 210B $NABOX — a massive 79% supply reduction.

Dear Nabox Community,

In line with our long-term vision to enhance the value of the $NABOX Token and strengthen the Nabox ecosystem, we are pleased to announce the following:

Token Burn Plan

• Nabox will burn 500 billion $NABOX Tokens in the upcoming phase.
• Future burns will align with business growth and ecosystem expansion, driving long-term value.
• Our ultimate goal: reduce total supply to 210B $NABOX — a massive 79% supply reduction.

This significant burn reflects our firm commitment to building a sustainable token economy and delivering long-term value to our community.

Nabox Ecosystem Overview

Nabox is continuously expanding its ecosystem with innovative products and services, including:

• Nabox Wallet — A multi-chain Web3 wallet supporting assets across 100+ blockchains.
• SwapBox — An advanced cross-chain & local swap aggregator.
• Nabox ID — A decentralized identity & task platform.
• PayBox — A stablecoin-based payment and settlement system.

Token Utility & Burning Mechanism

To deepen $NABOX Token integration within the Nabox ecosystem, we’re introducing the following burning mechanisms:

• Nabox ID → Registration fees be split:
  • 50% burned to reduce the total supply.
  • 50% allocated to invite rewards.
• SwapBox → Transaction fees will be split:
  • 50% burned to reduce the total supply.
  • 50% allocated to support Nabox’s sustainable growth.
• Other revenues → As long as operations remain stable, Nabox will strive to burn more $NABOX and introduce ecosystem incentives to further empower the token.

This approach ensures $NABOX becomes more scarce, valuable, and deeply integrated into the Nabox ecosystem.

Growth & Adoption

Nabox is backed by OKX Ventures, K300, etc. Currently, Nabox serves a global user base of over 500,000 active users across Southeast Asia and Europe. We are very grateful to the community and investors: OKX Ventures, K300, etc. For their companionship and support over the years.

Looking Ahead

The upcoming burn marks a major milestone in Nabox’s journey to create a deflationary and utility-driven token economy. We will continue to expand product offerings, strengthen token use cases, and provide long-term value for all Nabox holders and users. We sincerely thank our community and partners for your unwavering support. Together, we will continue building the future of decentralized finance and Web3 identity.

Stay connected with Nabox

🌐 Website: https://nabox.io
📖 Docs: https://nabox.gitbook.io
📰 Telegram: https://t.me/naboxcommunity
🐦 Twitter: https://twitter.com/naboxwallet
👾 Discord: https://discord.gg/mQVXZJXMkn