MAP Protocol Community Releases "MAPO Token Repurchase and Burn" Proposal Vote
2024-12-09 07:33:07
On December 9th, the Bitcoin L2 interoperability layer MAP Protocol community released a "MAPO Token Repurchase and Burn" proposal vote, which will last until the end of December 12th. The proposal content includes improving the long-term value of MAPO tokens and establishing a sustainable ecosystem. A portion of the protocol profits (transaction fees, etc.) will be used to repurchase MAPO tokens from the open market; the repurchased tokens will be permanently withdrawn from liquidity to reduce supply and increase scarcity. In addition, all repurchase and burn transactions will be publicly recorded on the chain to increase transparency.
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