MIP 6: Burning MOON held in the treasury

MIP 6: Burning MOON held in the treasury

Dear Community,

As we migrate to our MOON V2 token the team has discussed various ways to help increase the collateral backing of MOON.

Our Treasury currently holds 647,178 MOON. The following options will be the amount in which to burn from the treasury.

Option 1: 100,000 MOON Option 2: 200,000 MOON Option 3: 300,000 MOON Option 4: 400,000 MOON Option 5: 500,000 MOON

Team Note:

All options will help to increase the collateral of MOON. The team would recommend Option 5. The choice to burn the most MOON is a gesture of our commitment and benefits MOON holders the most, while leaving some flexibility remaining in the treasury.