As part of Stellaswap Reborn, 50% (250M) of the STELLA token supply will be burned over 5 weeks.
This week marks the beginning of the burn-off with 10% of the Total Supply incinerated.
In Big Spender referendum 1587 Snowfork is requesting a $5M USD equivalent in vested payments for completed milestones and 12 months of operational costs of Snowbridge. The payments allocated to operational costs and team incentives ($3.75M) will be held in the Insurance and Bug Bounty Coverage wallet, vested over 12 months. Funds may be diverted to reward identifiers of vulnerabilities, or compensate victims of a bridge exploit.
