News list for " lamburg"

Across proposes permanently capping the supply of 1 billion ACX tokens to prevent minting or destruction operations

Across Protocol co-founder Hart Lambur has proposed a permanent cap on the supply of 1 billion ACX tokens. If the proposal is approved by the community, Across Governance will relinquish ownership control of the ACX tokens and set them to the 0x0 address to prevent any future minting or destruction of the token supply. The proposal is currently being voted on for a temperature check, with a 99.5% approval rating. Previously reported, LayerZero CEO Bryan Pellegrino addressed the issue on social m...

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2024-10-22 19:17:35