AirDAO: Approximately $6.65 million has been allocated to designated protocols and is generating revenue, with efforts underway to develop a burn mechanism
AirDAO announced that all AirDAO operating funds of $6,649,629 (excluding the DWF ecosystem fund of $500,000 and other liquidity used in the market) have been allocated to designated protocols and are generating revenue.
They also look forward to the next vote to determine the frequency of regular repurchases and destruction of AMB tokens, as well as starting to implement deflation of AMB supply. Meanwhile, the technical team is working on developing a burning mechanism and planning network changes and software version updates.
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