
Data Science @USC | Data Scientist @EigenPhi
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recast:farcaster://casts/0xb326e1c1830174459380b3eeefcef64219e2a3d25867214817abac120dea0058
Not sure but wanna have a guess: - Event: Remove Liquidity - Detail: The user removed 3.87537 PROXY with 1476.353 WDEGEN from the PROXY/WDEGEN liquidity pool (0xCa...b4De), while 3.87537 PROXY were withdrawn to user wallet and 1476.353 WDEGEN were burnt.
Yea it doesn't make sense that the WDEGEN tokens were burnt if it's just removing liquidity. Let's see other's answers!
A follow-up guess: What if it's a single-sided liquidity removal event? User can withdraw in the single token (in this case PROXY) they provided and WDEGEN tokens were burned as part of the liquidity re-balancing process to adjust the token supply.