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DeFi News

AssangeDAO Community Approves Closure of $JUSTICE Minting Option

99.87% of the voters are in favor of permanently closing the $JUSTICE token mining option.

Written By Vismaya V Vismaya V
Published 2022-02-27·Updated 7 months ago
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AssangeDAO Community Approves Closure of $JUSTICE Minting Option

the future.The community has spoken!! The AssangeDAO community votes in favor of closing the ability of minting $JUSTICE tokens in future.

AssangeDAO opened two voting processes for its community that lasted 72 hours, proposing if they should close the minting option ability forever and if they should continue to focus only on the Free Assange movement.

Almost 4.8B $JUSTICE token holders, that is 99.87% of the voters are in favor of closing the minting option forever. 

For any proposal to get approval, the quorum required a minimum of 3.5B of $justice holders to vote, and a whopping 4.8B JUSTICE token holders interacted in total, making the voting process valid.

With the voting in favor of closing the minting process means, now we have an upper cap supply limit on $justice at 17.3B. For anyone wishing to obtain $justice, they will need to use decentralised exchanges.

The DAO also did open a voting process for the Core Mission asking the community if it should continue to focus on its founding premise of “Free Assange by All Means Necessary” or pursue other activities.

96.42% of the active community members voted in approval saying that the DAO should just focus on the ‘Free Assange’ movement.

AssangeDAO was originally formed to raise funds for WikiLeaks founder Julian Assange’s legal fees and campaigns using NFTs.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Vismaya V - Content Writer
By Vismaya V
Vismaya is a crypto content writer with over two years of experience in the field. With a passion for writing and research, Vismaya has made a name for herself in the crypto community with her in-depth analysis and clear explanations of complex topics. In addition to her love for writing and crypto, Vismaya is also a big fan of football and anime.

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