Loading...
The Heima community, a cross chain abstraction layer project, voted to approve the proposal to destroy 165 million HEI tokens, including 121 million locked HEIs and 4.45 million unlocked but unused HEIs. The fund was originally reserved for Polkadot parallel chain auction, but due to Polkadot's shift to Coretime sales, Heima stated that the DOT treasury reserved by the team can be used to pay for related costs. The destruction will be carried out in 288000 blocks after the referendum is passed, and is expected to take 40 to 60 days to complete.