A community member just posted a major proposal on the Marinade Forum: MIP-14 — an opinion vote to burn 🔥 5–50% of MNDE supply. We’d previously discussed 10%, but this suggests going much further. 🤯

$MNDE has a fixed supply of 1B tokens with over half held in the DAO treasury. Burning a portion could reduce overhang, improve the market-cap to FDV ratio, and add immediate deflationary pressure.

The proposal ranges from a 5% burn (50M MNDE) to a 50% burn (500M MNDE). It’s currently at the discussion stage on the forum, and voting will start soon. Join the discussion 👉