Gains Network (GNS), Gains Network USDC (GUSDC) - GNS Proposal Live - From 06 Nov to 11 Nov 2024

Gains Network is considering redirecting 90% of Single Sided Staking rewards to burn GNS tokens. This proposal, open for voting until 11th November, might reduce the circulating supply of GNS, causing upward pressure on its price. If many tokens are burned, scarcity could increase value. Past events like token burns have often led to a price rise, but the final impact will depend on the community's decision and market conditions. Detailed proposal information is available on Gains Network's Twitter.