Bancor initiates a vote: Propose to burn when the treasury's BNT reaches 1 million

Chain Catcher news, the decentralized trading protocol Bancor has initiated a community proposal vote, which suggests burning 1 million BNT from the Bancor Vortex v3 treasury to observe whether the burn will have a positive impact on BNT. If the results are favorable, Bancor expects to continue proposing BNT burns in the future.

It is reported that the voting is expected to end on September 29, and the current Bancor Vortex v3 treasury has collected over 940,000 tokens, with an expectation to reach 1 million BNT within the next 30 days. (Source link)