What is the BlackHole protocol? The Blackhole protocol is a cross-chain burning platform that operates without approval, built on the Ethereum network. Users or project leaders can establish a burning pool by holding BLACK tokens and old token LPs to permanently convert the old tokens into new ones, thereby boosting ecological growth. Originally developed on Ethereum, the Blackhole protocol has expanded to include blockchain networks such as Polkadot, BSC, Heco, and Solana, ultimately reaching the entire blockchain ecosystem. Essentially, any user or project leader can create a burning pool by locking BLACK tokens and old token LPs to facilitate the perpetual conversion of old tokens into new tokens.
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