ListaDAO Announces Proposal LIP 021: Permanently Burning 20% of Total LISTA Supply to Promote Long-Term Value.
On August 11th, ListaDAO officially introduced proposal LIP 021 with a strong market-moving action: permanently burning 20% of the Max Supply of LISTA — equivalent to approximately 200 million tokens. This will reduce the total supply from 1 billion to 800 million LISTA, creating a powerful deflationary effect and consolidating the value foundation for this token.
Notably, the proposal also mentions removing the current mechanism that uses 40% of the protocol's weekly revenue to repurchase and "freeze" LISTA. Instead, ListaDAO wants to adopt a more flexible allocation approach:
A portion will continue to be used to reward veLISTA holders.
A portion will support DAO operations, market expansion, and ecosystem building.
60% of the remaining revenue will maintain the previous allocation mechanism.
ListaDAO representatives stated that this plan not only helps control token inflation in the long term but also frees up resources to accelerate ecosystem development. More importantly, it contributes to increasing community and market confidence in the protocol's long-term value.
If approved by the community, proposal LIP 021 will be implemented immediately, along with updating the token's related economic data.
