TechFlow news, February 10 — BurgerCities has launched a new proposal to migrate the BURGER token to a new SI token strategy. If approved, the BurgerCities team will implement the new tokenomics according to plan and distribute rewards to all contributing parties.
BurgerCities stated that since the successful launch of si.online, the project has undergone significant changes. As it transitions into a new AI-focused ecosystem, updating the brand and token contract has become crucial. The current BURGER token represents BurgerCities, which creates some confusion within the new SI ecosystem. Transitioning to SI will eliminate this confusion and establish a more cohesive brand identity.
The BURGER token will be converted to the SI token at a 1:1 ratio. Every BURGER holder will receive one SI token for each BURGER held. This ensures that the annual supply of SI tokens remains within an inflation range of 6%-12%. The plan includes technical contract upgrades, coordination with key ecosystem partners, and a structured communication strategy to ensure a smooth transition. It will also involve codebase adjustments and potential modifications to tokenomics to reflect the new token structure.
