MAJOR SIDUS TOKEN BURN EVENT

Sidus Community members! We propose burning a substantial portion of SIDUS tokens from the DAO Fund (1,316,875,000 SIDUS, which is 5.8% of the Total Supply).

The proposal is rooted in the outline of Sidus’ priorities.

• The first objective for Sidus is to focus on existing projects, such as Nidum, Xenna, Tembazar, and others. We aim to allocate enough funds and effort to maintain their steady growth and development.

• The second objective is to create and nourish new projects that will become a foundation stone for the consistent evolution of the Sidus Metaverse in the direction of Artificial Intelligence and Generative Technology. The new projects, including SidusPad, the AI-based Telegram app, new gaming projects, the upcoming partnership with Luxury Brand, and others, will create new use cases for SIDUS and SENATE tokens.
As we propose burning a substantial portion of the Incentives Pool, we also suggest reconsidering the monthly token burn. The new burn mechanism includes redirecting half of the burn token share to the DAO Fund. Therefore, as more users engage with our product, the DAO fund will correspondingly grow.

If the proposal is accepted, the system will be implemented starting April 1.