Greetings to the Bifrost and Zenlink communities, I am a team member of Zenlink and initiated this proposal to burn ZLK tokens on the Bifrost.
Buyback and burn of ZLK tokens from the secondary market is part of our Tokenomics, and we have been doing it consistently as ZLK is issued in multiple parachains, so we are doing buyback and burn on multiple networks such as Moonbeam, Moonriver, Astar, and Bifrost at the same time.
The ZLK tokens proposed for the burn were purchased from the secondary market in Q2 2024 for a total of 121,293.148 ZLK, and you can see the details of buyback and burn in our wiki: https://wiki.zenlink.pro/ecosystem/buyback