The Gnosis Inferno & Down-to-Frax DAOs

Published on: April 18th, 2022

Stay up to date with the latest DAO proposals and voting results… Gnosis DAO has begun discussing a drastic reduction in their token supply. 6.8m GNO is vesting from the original GNO sale. The team allocated this GNO to the DAO treasury. This proposal would lock and progressively burn this vesting GNO, reducing supply from 10m to 3m. The main motivation for this drastic burn is seemingly that it may attract new investors by removing the risk of this massive amount of vesting tokens coming to market.


  • There are no comments yet.