Reserve Rights (RSR) has announced a proposal to burn approximately 3 billion RSR tokens as part of a supply reduction strategy. This initiative, outlined in the token structure reform RFC-1269, aims to decrease the total supply of RSR tokens significantly. The proposal also introduces a governance-based veRSR issuance mechanism designed to enhance token holder participation and governance power. By aligning long-term incentives, Reserve Rights seeks to strengthen its on-chain governance framework, ensuring a more robust and participatory ecosystem for its community.
Reserve Rights Proposes Burning 3 Billion RSR Tokens to Reduce Supply
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