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SPS Governance Proposal - Burn NFTy Decks and DEC

clayboyn

Published: 10 Jun 2024 › Updated: 10 Jun 2024SPS Governance Proposal - Burn NFTy Decks and DEC

SPS Governance Proposal - Burn NFTy Decks and DEC

SPS Governance Proposal - Burn NFTy Decks and DEC

The purpose of this proposal is to determine a course of action for the packs and cards remaining on the accounts that were used to create the NFTy decks since NFTy is no longer in service and the cards and packs are no longer in use.

If this proposal passes, all cards and packs owned by the nftybronze@nftybronze and nftysilver@nftysilver accounts will be burned to remove them from the circulating supply of the Chaos Legion set, which is in line with previous statements made by the former CEO at the time of launching the NFTy lending initiative. Any DEC received from burning the cards will be burnt as well.

What do the accounts hold:

  • 60,132 unopened packs of Chaos legion cards on nftybronze@nftybronze
  • 36,070,860 cp worth of Chaos Legion cards on nftybronze@nftybronze
  • 31,316,870 cp worth of Chaos Legion cards on nftysilver@nftysilver

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