💎 We are thrilled to announce an important initiative aimed at reinforcing our commitment to the #TON ecosystem and our valued $UP holders.
🔥 In light of recent events, we propose a 30% reduction in the total supply of $UP tokens, corresponding to 30,000,000 tokens from the TonUP DAO. This initiative is designed not only to boost the value and scarcity of $UP tokens but also to empower YOU to actively participate in shaping our future.
🌐 To ensure your voice is heard, we will conduct a 3-day vote on this proposed burn. The voting period will start on September 19, 2024, at 12:00 UTC and will end on September 22, 2024, at 12:00 UTC. During this period, you can stake your $UP tokens to cast your vote, with the option to withdraw at any time. At the end of the voting period, we will take a snapshot of the votes to determine the outcome.
🔗 Vote for your opinion at the buttom of the page: https://tonup.io/dao
This proposal represents more than just numbers; it is a testament to our resilience and dedication to the long-term success of #TonUP. Together, we can establish a sustainable and deflationary model that benefits everyone.
📖 For full proposal details, please check our community post: https://community.tonup.io/t/tonup-dao-token-burning-proposal-empowering-our-community-through-strategic-supply-reduction/
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