According to BlockBeats, on September 25, StaFi Protocol stated on social platforms that the FIS token burning mechanism has been activated and deployed on StaFi Chain. According to the announcement, from now on, a certain number of FIS tokens will be burned every 30 days, and updates will be provided regularly.

Additionally, StaFi Protocol is preparing a series of proposals aimed at increasing $FIS burn and further reducing inflation.

source