Lista DAO (LISTA), responsible for the lisUSD stablecoin, has put forth a governance proposal to permanently burn 20% of the LISTA token supply. This significant move aims to reduce the total supply from 1 billion to 800 million, potentially impacting the token's value and scarcity. The proposal also outlines the allocation of 40% of LISTA token revenue. This portion will be distributed to veLISTA holders as rewards and used to fund DAO operating expenses, incentivizing participation and ensuring the DAO's sustainability. Voting is currently underway and will conclude on August 14th (local time). Early indicators suggest strong support, with a 100% approval rate at the time of writing. The outcome of this vote could have considerable implications for the future of LISTA and the lisUSD ecosystem. As of today, LISTA is trading around $0.3591, showing a 20.09% increase, reflecting positive market sentiment. ```

#DAO