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Proposal to Fix the Maximum Supply of RTB at 1,000,000,000

Voting ended over 1 year agoSucceeded

Proposal to Fix the Maximum Supply of RTB at 1,000,000,000

Summary: This proposal aims to formalize the current total supply of 1,000,000,000 RTB tokens as the maximum supply. By officially capping the supply at this level, we reinforce our commitment to maintaining the value of the RTB token and ensuring a predictable economic model.

Rationale: With the current total supply already at 1,000,000,000 RTB, this proposal seeks to ensure that no additional tokens will be minted beyond this point. Fixing the supply at this level will prevent dilution, protect the interests of existing token holders, and provide clarity and confidence in the token’s long-term value proposition.

Action: Upon approval, the smart contract governing RTB token issuance will be updated to enforce a hard cap of 1,000,000,000 RTB tokens, ensuring that no further tokens can be created.

Voting: Community members are encouraged to vote on this proposal. A majority vote in favor will enact the change.

Off-Chain Vote

Approve
2.23M Weight100%
Reject
0 Weight0%
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Timeline

Aug 27, 2024Proposal created
Aug 27, 2024Proposal vote started
Aug 30, 2024Proposal vote ended
Aug 30, 2024Proposal updated