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Crypto UnicornsCrypto Unicornsby0xa2C41Baf9522166F63C27465554D5ad962E1b1910xa2C4…b191

Tokenomics Update: Buy and Burn

Voting ended over 1 year agoSucceeded

Abstract The author proposes upgrading $CU tokenomics by introducing a Buyback & Burn system with the upcoming migration to XAI. If approved by the DAO, 50% of all future ETH Treasury inflows will be used to buy $CU and burn it. This will reduce the total supply and increase liquidity simultaneously.

Motivation Deflationary tokenomics are easy to understand and can be leveraged to attract more people to our ecosystem. By tying all revenue (from primary sales, secondary sales, LP fees, etc.) to the purchase and burn of $CU tokens, we can support the value of our ecosystem over the long term.

Off-Chain Vote

Yes
33.77M sCU99.6%
No
134.47K sCU0.4%
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Discussion

Crypto UnicornsTokenomics Update: Buy and Burn

Timeline

Jun 03, 2024Proposal created
Jun 03, 2024Proposal vote started
Jun 08, 2024Proposal vote ended
Jun 08, 2024Proposal updated