A community on a certain DEX platform is currently brewing an important governance vote—adjusting the total supply cap of the platform's native token. Specifically, the community proposes to reduce the cap from the current 450 million tokens to 400 million tokens, a decrease of 50 million. What is the logic behind this? The project team states that the ecosystem growth fund has already accumulated about 3.5 million tokens in reserves to support development, and from an inflation pressure perspective, the system is unlikely to return to a high inflation phase. In this context, lowering the supply cap can actually enhance the scarcity expectations of the token. Such proposals are quite common in DEX governance—adjusting token mechanisms to optimize ecosystem incentives.

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