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Details: https://www.gate.com/announcements/article/47889
A well-known DEX recently initiated a community governance proposal to adjust the maximum supply plan of its native token. According to the plan, the supply cap will be reduced from 450 million to 400 million. Notably, since September last year, the token has entered a continuous deflationary cycle, and the project team has reserved approximately 3.5 million tokens for long-term ecosystem development and feature optimization. This reduction proposal will also be discussed and voted on by all community members, fully reflecting the democratic nature of DAO governance. From a tokenomics perspective, such supply adjustments are often seen as strategies to stabilize asset value and incentivize long-term participants. The outcome of the subsequent vote is worth ongoing attention.