C4E Burn Proposal Passed — Lowering token supply by 100M+ C4E
Step by step, we are coming closer to the listing and bringing additional utilities to the C4E token. Although it’s been a long journey and one of the most important milestones are yet to come, we believe that today’s C4E DAO decision is to set us up for a successful launch and the long term project growth. The C4E community just passed a proposal with 99.99% voting for YES and 69.13% turnout. The result is aimed at refining the project’s tokenomics to strengthen its position for the upcoming listing.
TL:DR for the proposal
The proposed changes in C4E’s tokenomics strategy reflect our goals for long term sustainability and better price action of the project. We are reducing and reallocating the strategic reserve, along with changing its focus to marketing. We are also enhancing liquidity by 10M C4E tokens and simplifying the funding structure towards improving market entry and investor relations.
Implementing a massive token burn and revising vesting terms are other changes aimed at increasing token value, lowering FDV and fostering investor commitment. Lastly, adjusting the initial circulating supply and reallocating the community pool are moves to ensure a more controlled market launch and long-term project health. These collective actions are designed to align C4E’s economic structure with the evolving demands of the crypto market, aiming for a balanced, growth-oriented approach.
What are the exact changes?
Adjustment of Strategic Reserve:
The “Strategic Reserve Short Term Round Pool” will be reduced by 20 million C4E. Concurrently, this pool will be also renamed to “Marketing Pool” to more accurately reflect its intended use.
The transition of the naming of the “Strategic Reserve pool” to “Grants/Ecosystem Growth,” reflects a broadened focus on supporting ecosystem development and growth initiatives.
C4E Token Transfer for Liquidity:
To ensure adequate liquidity upon listing, 10 million C4E tokens will be transferred from the Strategic Reserve Short Term account to the Liquidity Pool account. This will provide a robust foundation for CEX/DEX liquidity.
Token Burn
We plan to burn the surplus tokens in the Strategic Reserve account, leaving a total of 50 million C4E. This action is aimed at decreasing the total token supply, potentially increasing the token’s value for current holders. In total, we will burn 100 000 000+ C4E tokens from the surplus of all pools.
Consolidation of Funding Rounds
The Validator and VC round pools are merged into the Seed round pool, simplifying our funding structure.
Revision of Vesting Terms All Rounds:
The vesting conditions for the Validator and VC round pools will be modified. The new terms offer 8% of tokens at TGE, a shortened lockup period of 4 months, and an accelerated vesting period of 10 months.
Private Round Adjustment: 11M C4E with an initial release of 15%, lockup for 2 months, and a vesting period of 7 months.
Public Round Adjustment: 6M C4E with an initial release of 20%, lockup for 1 month, and a vesting period of 5 months.
Community Pool Reallocation:
The allocation to the community pool will be reduced from 100 million to 40 million C4E, allowing for a strategic redistribution of resources essential for the project’s longevity and prosperity.
Initial Circulating Supply Adjustment:
Lowering the initial circulating supply without liquidity below 10M C4E, refining our market entry strategy and enhancing token value prospects for early adopters and stakeholders.
Burning Path Ahead
These adjustments are crucial for the growth of C4E, as reducing the total token supply can lead to increased demand and higher token value, benefiting the project and its stakeholders, while the massive
burn of 100 000 000+ C4E tokens may attract new potential investors and will play a role as a pivotal milestone.
We strongly believe that no matter if you are a validator, investor, or community member who took part in our airdrop campaigns.
Stay updated with the latest developments by connecting with us on our social media channels: C4E Twitter, C4E Telegram, C4E Discord.
