Cardano

User &#64;SmaugPool, who identifies as a Cardano builder and developer, has introduced a proposal to reduce the current Cardano treasury tax from 20% to its initial rate of 5%. The proposal’s fate lies in the hands of the Cardano community, pending a vote. Currently, the effective treasury tax hovers at nearly 33%.Join CryptosHeadline&#39;s Official Telegram <a href="https://t.me/CryptosHeadlines" rel="noopener noreferrer nofollow">Community Channel</a>According to the developer’s estimates, the treasury accumulates approximately 30 million ADA per month, leading to a total of approximately 1.39 billion ADA as of November 7th. <a href="https://cryptosheadlines.com/cardano-treasury-tax-reduction-proposal-ada-price-impact/" rel="noopener noreferrer nofollow">Read More...</a>

Cardano Treasury Tax Reduction Proposal: ADA Price Impact?

CryptosHeadlines.com

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