Golden Finance reported that the Liquiditystakeprotocol StaFi Protocol has initiated the FIS Token burning proposal, proposing to burn 100% of the Inflation FIS every 30 days, and these FIS will flow into the treasury Address. This action aims to reduce the FIS inflation rate from 10% to around 6%, thereby transforming the Token into a Deflation model.
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StaFi Protocol initiates the proposal of '100% destruction of FIS Token flowing into the treasury Address'
Golden Finance reported that the Liquiditystakeprotocol StaFi Protocol has initiated the FIS Token burning proposal, proposing to burn 100% of the Inflation FIS every 30 days, and these FIS will flow into the treasury Address. This action aims to reduce the FIS inflation rate from 10% to around 6%, thereby transforming the Token into a Deflation model.