📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
ListaDao proposal to permanently burn 20% of LISTA tokens and adjust the income distribution mechanism.
On August 11, 【Block Rhythm】, ListaDao recently proposed LIP 021, which plans to permanently destroy 20% of the max supply of LISTA tokens (approximately 200 million), reducing the max supply from 1 billion to 800 million in order to achieve a stronger deflationary effect and enhance the stability of token value.
At the same time, the proposal suggests abolishing the current fixed mechanism of using 40% of the protocol's weekly revenue for token buybacks and freezing, and instead flexibly allocating this portion of revenue to reward users holding veLISTA, while also supporting the operation and ecological construction of the DAO. The distribution of the remaining 60% of the revenue remains unchanged.
The ListaDao team stated that this move will effectively control inflation risks, release more funds to promote ecological development, and enhance market and community confidence in the long-term value of the protocol. Once the proposal is approved, it will be implemented immediately and the relevant Token economic data will be updated synchronously.