3.15M $GNO Burn Approved! 🔥

GnosisDAO has just approved GIP-116, led by @karpatkey, executing one of the largest token burns in history—3.15 million $GNO—as planned in GIP-35.

Why is this burn significant?

It’s part of Gnosis’ full-stack scaling vision and Strengthens the foundation for powerful consumer applications on robust infrastructure

GIP-116 also includes key treasury operations
- Claiming $GEL tokens
- Converting $VCOW to $COW
- Strategic $WETH management
- Asset consolidation

The 3.15M $GNO burn reinforces sound tokenomics as Gnosis expands

Supports consumer applications like @gnosispay and @metri_xyz

Aligns with GIP-35’s plan to cap supply at 3M $GNO, now more than halfway to completion 👇🏻