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The Approval Of DIP-00001: Proposal For The Burn Of The Depth Liquidity Mining Reserve Pool And DEP
Dear Depth Community,
Depth started a voting about whether to permanently burn parts of DEP at August 26, 2021 18:00 (UTC+8).
Announcement: https://docs.depth.ht/announcement/daovoting
As the voting has finished at August 28, 2021 18:00 (UTC+8), the result is as following:
Agree to Burn:183080260.390910655327231447 xDEP (99.96%)
Reject: 73990.089554683431644897 xDEP (0.04%)
According to the voting rules, the option A：Agree to Burn has passed.
The core volunteers will send 359,000,000,000 DEP to a blackhole address to burn these DEP permanently.
Burning Transaction Hash: https://hecoinfo.com/tx/0x5453ee8725dd63db9e1c7f61d221d2567b25cfc021b6d1df7d2e4d2cd6896b0e
After this burning, the total amount of DEP in circulation and maximum supply will be reduced by the same amount.
The xDEP staked for voting can only be manually withdrawn after the voting ends. Please follow the tutorial to withdraw your xDEP : https://docs.depth.ht/tutorial/dao/daostaking
Depth Core Volunteers
Aug 28,2021
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