Continuing the discussion from 30% Supply reduction : Pro's and Con's:
The other aspect is that the burn, if passed, would not touch circulating supply. The tables presented in Proposal: Enhance certainty for JUP holders and community via a token supply reduction show that it’s the reserves, both Team and Community, that would get burned. So the question is – what effect will burning 30% of reserves have, considering also that the burn will be spread over 6+ months?
If my understanding is correct then the first time we gonna “feel” the outcome of the burn is in Jan 2025. But maybe I’m missing something…