$GSWIFT Token Burn (Tokenomics Upgrade)

Proposal Overview

This proposal aims to initiate a significant upgrade to the $GSWIFT Tokenomics structure by implementing a substantial token burn. The primary objectives are to reduce token inflation, close the Market Cap - Fully Diluted Value (FDV) gap, and ultimately stabilize and increase the value of the $GSWIFT token.

This proposal seeks approval for the following actions:

1. Burn 470,460,000 $GSWIFT Tokens from the Treasury: This burn will remove over 76% of the current Treasury tokens and approximately 34% of the total $GSWIFT tokens ever issued.

2. Retain 144,000,000 $GSWIFT Tokens in the Treasury: These remaining tokens will be reserved for strategic initiatives as determined by the DAO, including but not limited to ecosystem grants and user acquisition incentives.

3. Include Remaining Treasury Tokens in Circulating Supply: The 144,000,000 $GSWIFT tokens retained in the Treasury will be included in the circulating supply, enhancing transparency and liquidity.

Rationale

• Token Inflation Reduction: By burning a significant portion of the Treasury tokens, we aim to decrease the overall token supply, thereby mitigating inflation and enhancing the scarcity of $GSWIFT tokens. Ultimately, the goal is to burn up to 47% of the total $GSWIFT supply.

• Market Cap and FDV Alignment: Increasing the Market Cap/FDV ratio to over 1:2 (>50%) will better reflect the true market value of $GSWIFT and foster investor confidence.

• Strategic Reserve: Retaining 144,000,000 $GSWIFT tokens for strategic use ensures that we have the resources necessary to support ecosystem growth and incentivize user acquisition without flooding the market.

Long-Term Vision: This burn is part of a comprehensive strategy to stabilize and increase the value of $GSWIFT, positioning it for sustained growth and adoption.

Implementation Plan

Token Burn Execution:

1. Upon approval, 470,460,000 $GSWIFT tokens will be sent to the burn wallet address (0x000000000000000000000000000000000000dEaD) and therefore will be permanently removed from the Treasury and the total supply

2. Incorporation into Circulating Supply: The 174,000,000 $GSWIFT tokens retained will be transparently included in the circulating supply and managed according to DAO decisions.

3. Communication and Transparency: Regular updates and transparent reporting will be provided to the community regarding the progress and impact of the token burn and the broader Tokenomics upgrade.

Conclusion

This proposal represents a pivotal step in enhancing the value proposition of $GSWIFT through strategic token management. By approving this burn, we will significantly reduce token inflation, align market metrics, and strategically position $GSWIFT for future growth and success. Your support and participation in this transformative initiative are crucial.

Voting

We invite all DAO members to cast their votes on this proposal. Your participation is vital to ensure the continued success and stability of the $GSWIFT ecosystem.

• For: Approve the burn of 470,460,000 $GSWIFT tokens, retain 144,000,000 $GSWIFT in the Treasury for strategic use, and include these tokens in the circulating supply as part of the broader Tokenomics upgrade.

• Against: Reject the proposal and maintain the current Treasury token structure and supply.

• Abstain: Choose not to vote either for or against the proposal but record your participation in the decision-making process.:

Thank you for your attention and commitment to the growth and stability of the $GSWIFT ecosystem.