ETH Price: $3,488.06 (+3.46%)
Gas: 3 Gwei

Transaction Details

Transaction Hash:
0x8a251ca3a0833367332da8e6f6d5f14e2bf1f455648fc1cc0e3b05294e1060b3
Status:
Success
Block:
2019033319418 Block Confirmations
Timestamp:
2 days ago (Jun-28-2024 12:58:11 PM UTC)|Confirmed within 2 secs

Transaction Action:
Call Propose Function by ENS Namebigbagbtc.eth on 0xBaccc25a...CAD910615

Sponsored:


Value:
0 ETH ($0.00)
Transaction Fee:
0.000902997656337933 ETH $3.15
Gas Price:
7.148436573 Gwei (0.000000007148436573 ETH)
Ether Price:
$3,373.80 / ETH
Gas Limit & Usage by Txn:
127,405 | 126,321 (99.15%)
Gas Fees:
Base: 6.235763573 Gwei |Max: 9.389200682 Gwei |Max Priority: 0.912673 Gwei
Burnt & Txn Savings Fees:
🔥 Burnt: 0.000787707890304933 ETH ($2.75)💸 Txn Savings: 0.000283055563012989 ETH ($0.99)

Other Attributes:
Txn Type: 2 (EIP-1559) Nonce: 1290 Position In Block: 74
Input Data:

Private Note:
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View 3 zero value Internal Transactions in Advanced view mode
ADVANCED MODE:
Transaction Receipt Event Logs
217
Address
0xbaccc25ad3c77898e7563c6c98ea1b5cad910615
Name

ProposalCreated (uint256 proposalId, address proposer, address[] targets, uint256[] values, string[] signatures, bytes[] calldatas, uint256 voteStart, uint256 voteEnd, string description)View Source

Topics
  • 0 0x7d84a6263ae0d98d3329bd7b46bb4e8d6f98cd35a7adb45c274c8b7fd5ebd5e0
Data
  • proposalId :86688801169331961903901152795884970744101191989497597233377585787033091416667
  • proposer :0x7b5DA006d1e4a655F9f7B2001461f2F8aDEBaBA9
  • targets :0x7b5DA006d1e4a655F9f7B2001461f2F8aDEBaBA9
  • values :0
  • signatures :
  • calldatas :
  • voteStart :20211933
  • voteEnd :20312733
  • description :# Token Burn Proposal to Combat Inflation and Boost Investor Appeal **Objective:** To combat the downward price action caused by token dilution by offsetting the supply that is being added over time. This proposal aims to make $karrat more appealing to new investors by increasing the circulating supply percentage without additional dilution. **Proposal:** We propose to burn 100,000,000 $karrat tokens from the DAO's treasury, which currently holds 30% of the total supply. This action will effectively reduce the total max supply of $karrat by 10%. **Rationale:** 1. **Combating Dilution:** As new tokens are added to the supply over time, the value of existing tokens tends to decrease due to dilution. By burning a significant portion of the treasury's holdings, we can counteract this effect and help stabilize the token's value. 2. **Increasing Circulating Supply:** Currently, only 10-12% of the total $karrat supply is in circulation. Burning 10% of the total supply will increase the circulating supply to 20-22%, making $karrat more attractive to investors by reducing the impact of dilution on their holdings. 3. **Investor Appeal:** A higher circulating supply percentage can make $karrat more appealing to new investors, as it demonstrates proactive measures to maintain and potentially increase the token's value. This can lead to increased investor confidence and market interest in $karrat. **Conclusion:** By implementing this burn of 100,000,000 $karrat tokens, we aim to enhance the overall value proposition of $karrat, making it a more stable and attractive investment option. This strategic move is expected to benefit both current and future investors, promoting the long-term success and sustainability of the $karrat ecosystem.

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