$GSWIFT Token Burn Acceleration (Tokenomics Upgrade)

Proposal Overview

This is the third and final proposal which aims to upgrade the $GSWIFT tokenomics by implementing an additional 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 20,000,000 $GSWIFT from the Foundation (Team) token pool: The estimated worth of the tokens burned from the Team pool is around $1.4m.

2. Burn 60,000,000 $GSWIFT from the Seed Round token pool: These tokens were previously acquired from select Seed Round investors. The acquisition aims to significantly reduce the token inflation.

3. Burn 60,000,000 $GSWIFT from the Operational token pool: As the Operational vesting is already over half way through, this upgrade significantly reduces the token inflation and market cap.

4. This burn will approximately remove over 10% of the total $GSWIFT tokens ever issued.

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.

• 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

1. Token Burn Execution: Upon approval, 140,000,000 $GSWIFT tokens will be sent to the burn wallet address (0x000000000000000000000000000000000000dEaD) and therefore permanently removed from the total supply.

2. 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 140,000,000 $GSWIFT tokens 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 commitment to the growth and stability of the $GSWIFT ecosystem.