Popsicle.Finance

Jul 9, 2021

2 min read

The Popsicle Team Tokenomics Proposal has passed!

Some background information:

  • If you are unaware of what’s going on, you can read the proposal we are talking about here.

So now that the Proposal vote is over, how will the burn work?

First things first, in order to burn the 44,842,141 ICE, we need to mint them, this minting will be happening within the next 24 hours.

Thereafter the coins will be sent to the following burn address, making them inaccessible: 0x0000000000000000000000000000000000000000

Expect the ICE Etherscan page to be updated with the burn details in the days following the burn transaction.

What will happen with the Team, LP, and DAO tokens then?

  • Team Tokens: These tokens will stay unminted for the time being. Minting will only happen once the coins are truly needed for salaries, operational expenses etc.

Stay tuned on our Twitter and Discord Server, every update about the burn will be published there! Stay tuned and Viking On!