Dogelon Mars has torched a massive chunk of ELON tokens since launch. The headline move: devs sent 500 trillion tokens (50% of supply) to Vitalik Buterin back in the day—basically locking them away permanently. Fast forward to April 2024, after the project went full DAO mode, the community voted to burn another $350k worth (1 trillion ELON). The burn mechanism is straightforward: tokens get sent to dead wallets nobody can access, taking them out of circulation for good.

Why this matters: deflationary tokenomics like this are supposed to create scarcity and support price action. Whether it actually does for ELON is another story, but the willingness to burn this aggressively shows the team isn't just sitting on the supply. Community governance calling the shots on burns is also a flex—puts power in your hands instead of dev hands.