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LaunchZoneLaunchZoneby0xB11ca95573cAc93468f0a340B269f9A1101a6bf50xB11c…6bf5

Should we reduce BSCX’s total supply from 100,000,000 to 10,000,000?

Voting ended about 5 years agoSucceeded

Hi everyone,

I’m in the crypto market for 4 years, and DeFi for 4 months. I bought BNB at $1.5, sold at $10 just to see it go over $45. Since then, I have been spending my time to look for the second BNB to invest in. I found BSCX few weeks ago and I love it. The $BSCX model of increasing the liquidity of the ecosystem to support the price and value of $BSCX reminds me about BNB at its early time. So here is my opinion to improve the ecosystem and attract new liquidity for the token. First, I want to explain how potential this project is. BSCX token is minted by Liquidity Mining. It is the governance token of the BSCex ecosystem. Users holding BSCX can participate in liquidity farming, IDO (LaunchpadX), LaunchpoolX, and other on-chain activities of the BSCex ecosystem that warrant the economic benefits of our token holders. The market cap is tiny, less than $10 million, but the liquidity and trading volume are huge. The Total Value Locked (TVL) of BSCEX is projected to be around 170-200 million by the end of 2021 with the releases of DEXX and LaunchpadX.

SO, MY OPINION IS: Decrease total supply of $BSCX token from 100,000,000 to 10,000,000 (to protect the benefits of us, the early adopters of the project). People who come late will have to pay more to own this digital asset. That is the simple rule of crypto. Our token price is constantly increasing, and we should do our best to defend it. If this proposal is passed, I believe that the price of $BSCX will increase, so as the total market cap. It will easily take place among the top 50-100 projects of CoinmarketCap and Coingecko.

Off-Chain Vote

Yes
62.06K 79.5%
No
16.04K 20.5%
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Timeline

Jan 14, 2021Proposal created
Jan 14, 2021Proposal vote started
Jan 21, 2021Proposal vote ended
Oct 26, 2023Proposal updated