Set 12.5M As The Maximum $CRYSTL Supply

Proposal 4: Set 12.5M As The Maximum $CRYSTL Supply

Option A: Once the $CRYSTL supply reaches 12.5M tokens, all emissions will end and $CRYSTL will be hard capped.

Option B: Once the $CRYSTL supply reaches 12.5M tokens, emissions will proceed at 0.1 $CRYSTL per block.

With Crystl Finance maturing as a vibrant Vaulting platform, Proposal 4 will decide whether we want to implement a maximum supply hard cap for $CRYSTL or continue minting tokens.

Proposal Reasoning Transitioning to being a Vault & Pool platform means that it is no longer necessary to continue printing $CRYSTL to run our protocol. Great news for $CRYSTL maximalists that have been accumulating $CRYSTL!

Option A would mean that going forward, every $CRYSTL becomes more valuable as a fraction of the maximum supply. The $CRYSTL token would transition from being a yield reward token and into a proper share of the Crystl Finance platform. In contrast, Option B would mean that our yield farms will continue printing $CRYSTL even after we reach 12.5M supply. This would allow our protocol to have a perpetual foothold in emissions which could potentially be used to boost strategically selected staking options or Vaults.

Full Article on Proposal 4: https://crystlfinance.medium.com/crystl-governance-insights-on-proposal-4-f5f745a20078