We will be decreasing the max supply of the $GAJ token. We had put the proposal for the same and it has been accepted by the governance participants.
As the project evolves to expand and gets bigger, it becomes vital to make sure that token value improves and we control inflation. After taking cognizance of various strategies to do so, we came to the conclusion that the best way to achieve this is by decreasing the max supply to create scarcity.
We had put the proposal to decrease the supply. As per the majority votes, we will be decreasing $GAJ supply to 2.1 Million.
Here are the actual polling results:
This is an important step towards aligning the project to achieve bigger goals.
Also, a much bigger change is on the way! So stay tuned.