Proof of Transparency: Kulino House Coin Burns 196.3 LP Tokens on Raydium
Kulino House Coin – Crypto Community Banyuwangi
Banyuwangi, July 9, 2025 – In a strong show of transparency and long-term commitment, Kulino House Coin ($KULINO) has officially completed another token burning process, fully traceable on the Solana blockchain. According to verified data on Solscan, a transaction was successfully executed to burn 196.399670183 LP Tokens (Raydium WSOL-KULINO), valued at approximately $367.71 USD.
📄 Transaction Details
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Date & Time: July 9, 2025 – 02:05 AM UTC
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Status: ✅ SUCCESS — Finalized (MAX Confirmations)
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Action: 🔥 Burn 196.399670183 LP Tokens
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Token Burned: Raydium LP Token (WSOL-KULINO)
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Signer Wallet:
nvcJcPDhkWbFn2...UsauKvAA4 -
Approx. USD Value: $367.71
View the transaction: Solscan Link
🔍 What Is an LP Token and Why Burn It?
LP (Liquidity Provider) Tokens are received when a user provides liquidity to a decentralized exchange like Raydium. By burning LP tokens, Kulino House is:
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Permanently removing liquidity from the WSOL-KULINO pool
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Creating natural scarcity to potentially boost token value
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Demonstrating that the project has no intent to pull liquidity for personal profit
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Reinforcing the message that liquidity is locked forever
💬 A Clear Message to the Community
This token burning is more than just a technical transaction — it’s a public statement that:
✅ Kulino House Coin is built on transparency and decentralization
✅ The team is committed to long-term growth, not short-term gains
✅ The ecosystem is being strengthened in a visible, traceable way
