In anticipation of the forthcoming V4 tokenomics that has received positive community feedback and with the aim of seeking the greatest impact for protocol revenue allocation, we propose suspending the scheduled Q2 burn. Instead, those funds would be reallocated towards the newly anticipated tokenomics v4.
This would not affect the already planned Buyback funds allocated for Q2.
Burn funds allocated for Q2 would instead be allocated to bring available supplemental funding to the community under tokenomics V4, which also proposes to reduce the total supply of XVS by 10 million.