XP.NETWORK Burns 150M Team Tokens Following Community Vote
XP.NETWORK Burns 150M Team Tokens Following Community Vote
馃敟 150M Tokens Up in Smoke
Following a successful community vote, XP.NETWORK has permanently burned 150 million XPNET tokens from the team allocation. This strategic move represents a significant step toward becoming a community-owned project.
Key Points:
- 150M XPNET tokens permanently removed from circulation
- Decision made through community governance
- Demonstrates commitment to decentralization
- Burn transaction verified on BSCScan
The token burn can be verified here.
This follows February's community vote where participants chose between burning tokens or reallocating them as validator rewards.
馃敟 150M XPNET Team Tokens Burned In line with the results of our recent community vote, 150 million XPNET tokens originally allocated to the team have now been permanently removed from circulation. This significant step marks a major milestone in XP.NETWORK鈥檚
Harmony Joins XP.NETWORK's Decentralized NFT Bridge
XP.NETWORK has integrated Harmony into their decentralized multi-chain NFT bridge, expanding their cross-chain NFT ecosystem. Key features: - Fully decentralized NFT transfers to/from Harmony - Access to new marketplaces and communities - Secure and cost-effective transactions This integration follows XP.NETWORK's major decentralized bridge upgrade from October 2024, which brought enhanced security and lower gas fees. Try the bridge now at [XP.NETWORK Bridge](https://decentralized.bridge.xp.network/) *More chain integrations planned for the coming weeks.*
XP.NETWORK Community Vote on 150M Token Decision
XP.NETWORK has launched a critical community vote running until February 20, 2025 (00:00 UTC+2). Token holders face a pivotal decision: - **Option 1**: Burn 150M XPNET tokens - **Option 2**: Reallocate tokens as validator rewards *Key Details*: - Only wallets holding XPNET before vote start can participate - Voting takes place on Snapshot platform - Decision will significantly impact project's tokenomics [Cast your vote here](https://snapshot.box/#/s:xpnetworkvote.eth/proposal/0xab0276426eea0469a0fa4443794318ff091000dff6bb6e2db10e717a467e8698) Don't miss this opportunity to shape XP.NETWORK's future.
XP.NETWORK NFT Bridge Adds Bitgert Blockchain Support
XP.NETWORK's Decentralized Multi-Chain NFT Bridge has expanded its network by adding support for the Bitgert blockchain. This integration comes as part of the platform's ongoing expansion following its decentralized upgrade in late 2024. Key Features: - Seamless NFT transfers to and from Bitgert - Enhanced security protocols - Multi-chain compatibility - User-friendly interface The platform continues to build on its October 2024 decentralized upgrade, which brought improved security, scalability, and reduced gas fees. More blockchain integrations are planned for the near future. Visit: https://decentralized.bridge.xp.network
XP.NETWORK Bridge Adds Internet Computer (ICP) Support
XP.NETWORK's Decentralized Bridge has expanded its network by adding support for Internet Computer Protocol (ICP). This integration enables users to transfer NFTs to and from the ICP network. Key updates: - Seamless NFT transfers with ICP network - Low-cost transaction fees - Fast bridging capabilities This addition follows recent integrations with Secret Network and Ethereum, demonstrating XP.NETWORK's continued expansion of cross-chain NFT transfer capabilities.