WSG Token Burn Update: 50M Tokens Removed from Circulation
WSG Token Burn Update: 50M Tokens Removed from Circulation
馃敟 10% Gone Forever
The WSG ecosystem has reached a significant milestone with 50M tokens burned, representing 10% of the total 500M supply. The latest burn removed over 3M tokens from circulation.
Key points:
- Total burned: 50M WSG
- Latest burn: 3M+ tokens
- Total supply: 500M WSG
This follows the November 2024 burn of 15M tokens ($40,000 value). Burns are funded through:
- Trading fees
- Platform fees
- Game fees
Verify burn at Arbiscan
WSG Introduces New Streak System Through Governance Vote
Wall Street Games ($WSG) has passed a governance proposal implementing a new Streak System to reward player consistency. - A streak represents consecutive days of earning at least one key through gameplay - Missing a day resets the streak counter - Longer streaks increase chances of valuable rewards **Key Resources:** - [Daily Login Vote](https://vote.wallstreetgames.net/#/proposal/0x6cd9184c329168bbaaee3189e2b87512f6c80f0cdac55e12d78b808e84619307) - [Streak System Documentation](https://docs.wallstreetgames.net/platform/meta/streak-system) This update follows WSG's governance model where token stakers shape protocol decisions through time-weighted voting power (xWSG).
Wall Street Games Governance System Explained
Wall Street Games ($WSG) introduces its governance system where token stakers shape the protocol through voting: - **Voting Power**: Long-term holders gain influence through time-weighted voting using xWSG tokens - **Proposal Requirements**: - Core proposals need 4,000,000 xWSG votes - Community proposals also require 4,000,000 xWSG - Minimum 275,000 xWSG to submit proposals Voting periods last 24-120 hours on Snapshot. The WSG Foundation oversees platform development and sustainability. Recent updates include new governance proposals for ranked NFTs and fee adjustments.
WSG Album Collection Rewards Distribution and New Collection Launch
The latest $WSG Album Collection rewards have been successfully distributed to winners. A new collection has been launched, offering players fresh opportunities: - New Album NFTs available for collection - Enhanced winning chances through NFT collection - Monthly raffle awards continue for participants *Players can immediately start collecting new Album NFTs to improve their chances of winning future rewards.*
Monthly WSG Album Collection Winners Announced
The latest round of WSG album collection prizes has been awarded to this month's winners. A fresh collection has been released for players to explore and earn rewards from. - New album collection now live - Monthly prizes distributed to winners - Players can start earning immediately Get started now to participate in next month's prize distribution.