1 Bn UST Tokens to Burn as Proposal Succeeds With 99% Votes


The second proposal to burn the remaining UST tokens in the community pool has acquired a majority and is expected to pass on May 26. 

Proposal 1747 has attained a majority and is projected to pass with 99 percent of votes in favor.

The plan will burn 1,006,733,194 UST tokens, when the community pool currently contains 1.01 billion, implying a 3 million token buffer.