NanoVita said it has reduced its token circulating supply by 98.57% as part of a token-structure optimization aimed at lowering the amount available on the market.
According to ChainCatcher, the project reported a total supply of 14,262,742 tokens and a current circulating supply of 11,429,409.
NanoVita provided a burn transaction hash for verification: 0xcb562af732e6a5d836d4c55aeb56ff79f3aeb4abd66ca6eb07c0aa310d52fa80.
The team said the reduced float marks the start of what it called a “Low-Float Phase,” and stated that future development will focus on long-term holders, research contributors, and DeSci infrastructure.
NanoVita also noted it previously launched on PancakeSwap and has been building around AI bio-intelligence, nanotechnology, and an on-chain health data network.