TechFlow news, AirDAO, a community-governed Layer1 blockchain, has launched a vote on X to determine the percentage of AMB tokens to be recycled and burned. The AirDAO Committee will use generated profits to repurchase AMB from the market and burn the acquired AMB tokens. The community will decide the frequency of these token burns.
AirDAO will ensure full transparency throughout the process. Community members will be able to track yields and verify that all proceeds will be used exclusively for purchasing and burning AMB. Suggested percentages are 0%, 25%, 50%, 75%, and 100%. Half of the selected percentage will be invested in AAVE, and the other half in Compound.
The voting starts on Sunday, January 14 at 4:00 PM UTC and ends on Tuesday, January 16 at 4:00 PM UTC.
