2025-12-25 03:29:32

Something interesting recently happened—the foundation of a leading decentralized trading protocol completed a community vote, officially confirming the destruction of all token reserves in the aid fund.

The voting results were quite good, with support weighted by权益 reaching 85%. More importantly, these destroyed tokens are stored in a system address without a private key, making it mathematically impossible to extract them. The voting outcome has formed a binding social consensus, and future protocol upgrades will not be authorized to access this address.

In other words, the total supply of these tokens has been permanently reduced. Coupled with the project's existing automatic buyback mechanism, the entire token economic model is now moving towards a deflationary direction. This indeed provides a fundamental support for stability and price appreciation—after all, the supply is continuously shrinking.

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GasFeeDodger

· 4h ago

Alright, this move is indeed hardcore. An 85% support rate shows everyone clearly understands that deflation is the way to go. Destroy the aid fund? Instead of leaving it vulnerable to misappropriation, it's better to burn it directly. That’s true respect for the community. No private key system address... Well, it seems determined to lock everything down. I just want to see who dares to come up with an "emergency upgrade" later. The deflation expectation has been maximized. The short-term fundamentals do have some support, but the key still depends on how the subsequent execution goes. How strong is the social consensus constraint? It still seems to depend on whether anyone will have bad ideas during the next bear market.

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WagmiWarrior

· 5h ago

Damn, this operation is a bit extreme, directly burning the keys to lock them permanently? Is that real or fake? --- 85% support rate just dares to destroy, this protocol is really daring --- So it's a disguised deflationary pull-up? I always feel like I've seen this trick before... --- But on the other hand, not having a private key really eliminates backdoors, gotta give credit --- Supply contraction = price increase, everyone understands this logic, just depends on whether you can hold on --- Social consensus is a joke, in the end, it still depends on liquidity and trading volume --- Burning so much reserve, is that really a sign of decentralization? I can't quite understand --- Hmm... wait, how do they prove that address really has no private key? --- Alright, deflation is deflation, anyway it's not my token --- I hate this kind of voting the most, 85% sounds like majority support, but actually only a few people participate

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RetroHodler91

· 5h ago

Destroy the aid fund? It sounds like a way to backstop the coin price. An 85% voting rate is pretty good, but I just have a feeling it's a bit too perfect.

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RadioShackKnight

· 5h ago

This approach is truly brilliant—combining destruction and buyback to achieve deflation. However, an 85% voting turnout is a bit questionable; I still feel like those whales are the ones calling the shots.

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GasWaster69

· 5h ago

Destroy the aid fund? That's a bit harsh, but an 85% support rate shows that everyone truly trusts this approach. Addresses without private keys are now truly irreversible; from a technical perspective, they are indeed more valuable. The supply continues to shrink, and deflationary expectations are rising. There might be some stories to tell in the short term.

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