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Baby DogeBaby Dogeby0x8bA4623F3d1096ed342529cf14d8edFb66eafa250x8bA4…fa25

BabyDoge 100Q ETH burn & 0% fee reduction

Voting ended over 2 years agoSucceeded

Exciting News: A Proposal to Strengthen Security with a 100 Quadrillion Token Burn on ETH and fee reduction to 0%

We've been listening to your concerns and have come up with an innovative solution to further enhance the security and integrity of our project. As these 100 quadrillion tokens have been sitting idle since our launch on ETH, we propose a monumental token burn to reduce potential exploitation risk associated with them. This would effectively remove a significant portion of the tokens on ETH, ensuring the long-term stability and safety of our ecosystem.

We understand the importance of reserving some tokens to facilitate bridging to ETH. This proposed burn will still allow for seamless bridging, while also reducing the fee on ETH transactions to 0%! This means our community members can enjoy more efficient, and cost-effective transactions within the ecosystem.

This monumental event could be one of the largest token burns in history, with an estimated value of hundreds of millions of dollars! We are eager to hear your thoughts and feedback on this bold proposal. If we see overwhelming support from our incredible community, we will draft an official proposal for the DAO to consider.

Remember, this is all about strengthening our project and enhancing security while offering our community members a seamless and cost-effective experience. Let's make history together and continue to build a vibrant, secure, and thriving ecosystem!

This initiative would initially be carried out on ETH and depending its success could be explored on BNB chain.

How it will work:

Within 24 hours after the vote passes the ETH network fees will be set to 0%

Burn will happen on June 1st 2023

This will leave approximately 85Q baby doge left that can be bridged. One downside of this proposal is that all baby doge will not be able to move to ethereum if something ever happened to BNB chain only 85/155q of the supply would be able to make it to the ETH network.

Things to understand

  1. Manually burning tokens that are not in the circulating supply will have little to zero effect of the price of baby doge token.
  2. BabyDoge is a fun meme token.

(Pending official vote by the DAO)"

Off-Chain Vote

Yes Burn and reduce to 0% fees
378.66T BabyDoge99.6%
Leave as is!
1.41T BabyDoge0.4%
Download mobile app to vote

Timeline

May 09, 2023Proposal created
May 09, 2023Proposal vote started
May 16, 2023Proposal vote ended
Oct 26, 2023Proposal updated