Proposal 11: Implement Community Burning Vaults on Polygon

Option A: Burning Vaults will be launched on Polygon.

Option B: Burning Vaults will NOT be launched on Polygon.

As you all know, $CRYSTL has a limited supply of 12,500,000 tokens. Recently, this fact has been emphasized by some of our community members choosing to burn some of their tokens by their own initiative. This inspired us to make a proposal that empowers the entire #CrystlCrew to decide whether $CRYSTL should become a deflationary token.

If Option A is passed, Burning Vaults will be implemented on Polygon, allowing the community to collectively contribute to burning $CRYSTL using a portion of their auto-compounding earnings. If Option B is passed, we will not implement Burning Vaults.

Burning Vaults Mechanism: 50% of all profits earned by Burning Vaults will be used to buy back $CRYSTL from the market and completely burn it out of circulation.