Burning for a Purpose
- Regular Snapshots: Biannually, a snapshot of the NFT marketplace will be taken.
- Random Selection: A predetermined percentage of NFTs will be randomly selected for burning.
- Irreversible Burn: The chosen NFTs will be permanently burned, reducing the total supply.
- Transparent Reporting: The entire process will be thoroughly reported to ensure transparency and keep the community informed.
Off-Chain Vote
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Timeline
Jul 31, 2023Proposal created
Jul 31, 2023Proposal vote started
Aug 03, 2023Proposal vote ended
Mar 20, 2024Proposal updated