Recently, the ground promotion of Baby Dragon is expanding rapidly, successfully attracting multiple high-quality communities to join the construction of Baby Dragon. Thanks to the hard work of the consensus builders along the way, Baby Dragon has achieved today's achievements.

Recently, many communities have raised concerns about the centralized supervision of 50 billion coins, and raised the following concerns:

1. Concentration of power: If an individual or foundation controls the supply or governance power of most coins, it may lead to over-centralization of decision-making, affecting the decentralized nature of the coin and community autonomy.

2. Market manipulation: Some investors are worried that the concentration of coins in the hands of individuals or foundations may manipulate market prices through large-scale transactions or other means, which will have a negative impact on small holders or the market.

3. Transparency and fairness: Lack of transparency and open governance processes may raise questions about the intentions and decisions of the project party, thereby reducing the trust and participation of the community.

4. Security risks: If the control of the coin is concentrated in the hands of an individual, it may increase the risk of being attacked by hackers or other security threats.

The Baby Dragon community has always been adhering to the DAO spirit, hoping to effectively promote community participation and governance efficiency. After comprehensively considering the voices and concerns of the market, it has decided to destroy 50 billion foundation wallets into a black hole, which will directly reduce the total supply of Baby Dragon. Through the deflation mechanism, it can usually support the stability or even growth of the currency price. This may be a positive signal for long-term investors and the community, indicating that the foundation and consensus makers are willing to support the growth of the currency value. We are standing at an important turning point, and successfully pushing Baby Dragon to the exchange will be our common great achievement. Baby Dragon's original intention remains unchanged, and the goal is to go straight to the three major exchanges!

Baby Dragon Foundation Announcement