Polkadex has succesfully burned 1M PDEX
<img src="https://i.postimg.cc/br1mbZZD/Snapshot.png" alt="" width="852" height="346" /> Despite this burn Polkadex max supply is still above 22M PDEX Native: 20,789,200 ERC20:&nbsp;<span style="font-family: __Poppins_21b249; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 500; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background- text-decoration-thickness: initial; text-decoration-style: initial; text-decoration- display: inline !important; float: none;">1,899,411

Total supply:&nbsp;<span style="font-family: __Poppins_21b249; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-style: initial; float: none;">22,688,611 PDEX Considering a monthy inflation of 127,500 PDEX, this proposals aims to burn 2 Million PDEX allowing the project to grow until December 2024 when max supply will reach 22M PDEX again.
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<img src="https://i.postimg.cc/jqvvfxr3/burn.png" alt="" width="387" height="339" />
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Source: <a title="Native PDEX" href="https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpolkadex-mainnet-rpc.dwellir.com#/explorer">https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpolkadex-mainnet-rpc.dwellir.com#/explorer</a> <a title="ERC20" href="https://etherscan.io/token/0xf59ae934f6fe444afc309586cc60a84a0f89aaea#balances">https://etherscan.io/token/0xf59ae934f6fe444afc309586cc60a84a0f89aaea#balances</a>

- **Problem Statement:** Polkadex has burned 1M PDEX, but the max supply is still above 22M PDEX, with a monthly inflation of 127,500 PDEX.
- **Significance:** The proposal aims to burn an additional 2M PDEX to manage growth until December 2024 when the max supply will reach 22M PDEX again.
- **Proposed Solution:** Burn 2 million PDEX to control inflation and ensure sustainable growth.
- **Expected Outcomes:** Maintain a manageable supply of PDEX until December 2024, aligning with the project's growth goals.

#15 Burn 2,000,000 PDEX

No Active Proposals