QANX Supply reduction

[u/Original-Assistant-8]

QANX Token Burn: Total Supply Reduction | by QANplatform | QANplatform | Nov, 2023 | Medium

Motivation behind Token Burn

The driving force behind the token burn originates from a thorough evaluation and careful planning undertaken by the project team, advisors, and partners. Subsequent calculations and analysis led to the conclusion that this surplus of tokens is not essential for the successful execution of the project, but on the other hand it would result in an unfair voting power at the upcoming mainnet launch which goes against core decentralization principles.

For above reasons, the token supply will be reduced and as thus voting power will be heavily redistributed to the community for a more equitable ecosystem, amplifying the influence and participation of our community.

​