In order to maximize Da Gama benefits for our communities and users, after several rounds of discreet discussions, Da Gama team has determined to burn 22 million DIF today. The number of burnt DIF accounts for 73.3% of the original issuance of DIF. The current circulating amount is approximately 3.68 million DIF. After the burning, the total circulation of DIF will be decreased to 8 million.
In April 2021, Da Gama will start the auction incineration stage, using platform profits to repurchase and burn DIF until the total circulation is reduced to 4 million finally.
Burn Address: 0x000000000000000000000000000000000000dEaD
Da Gama
November 11, 2020
