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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Golden Inu Crypto Founder Opens Poll To Decide How to Allocate Gas-Tax Revenue

NewsBTC
NewsBTC
2 years ago
2 mins read
Golden Inu token developers use social media to start community vote

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The Golden Inu Token recently unveiled a crucial decision that holds the potential to significantly shape the future trajectory of the ecosystem.

With a firm commitment to involving the community in important matters, the project has proposed two distinct paths for allocating 50% of the revenue generated by the Golden Inu ecosystem.

Token holders are now actively participating in a pivotal poll to determine the best strategy that will benefit the ecosystem and the interests of individual holders.

The two proposed revenue allocation strategies are as follows:

  1. Token Buyback and Burn: This strategy entails utilizing 50% of the revenues to repurchase Golden Inu tokens from both the Binance Smart Chain (BSC) and Ethereum (ETH) networks. Subsequently, the tokens purchased will be sent to the burn wallet, effectively reducing the circulating supply of Golden Inu tokens. This approach has the potential to enhance the token’s value and rarity, directly benefiting all token holders by increasing the value of their holdings.
  2. Revenue Redistribution: In contrast, the second option involves utilizing 50% of the revenues to buy Golden Inu tokens from the BSC and ETH networks, which will then be distributed proportionally among current token holders based on their token holdings. This strategy enables token holders to steadily augment their holdings and fosters long-term investment within the ecosystem.

Both strategies offer unique advantages, and the decision between them represents a fundamental choice for the future focus of the Golden Inu ecosystem.

The Golden Inu Token DAO encourages all members to carefully contemplate the implications of each option, considering the potential benefits in line with the ecosystem’s future aspirations and their personal involvement.

The participation, perspective, and votes of every Golden Inu token holder hold great significance in this decision-making process.

This pivotal moment empowers each member to actively shape the future direction of the Golden Inu ecosystem. As the community collectively navigates this critical decision, the spirit of Golden Inu propels us towards a future full of opportunities. With collective wisdom and engagement, the community continues to forge a path of growth and prosperity, united under the emblem of Golden Inu.

The final decision could have a great impact on the $GOLDEN [ERC-20] token.  Right now the Uniswap DEX traded crypto [ learn how here ] has a high chance of multiplying in value. If it follows the footsteps of its sibling ecosystem token, $GOLDEN [BEP-20], the Ethereum-Blockchain version could see over a 10x increase in value before the end of next month.

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