Space ID has used more than $ 1 million to repurchase and destroy more than 3.1 million IDs
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Space ID was tweeted that the ID repurchase and destruction (IDP3) have been successfully executed, using 1,031,115.4 US $ 1 stable currency repurchase and destruction of 3,107,377.8 IDs.The other half of the platform revenue (from March 23, 2023 to June 23, 2023) will be transferred to the multiple signal address of the Space ID DAO treasury on different chains, including Ethereum, BNB Chain and Arbitrum.
In addition, Space ID has completed a transaction (IDP2) to complete the $ 200,000 gift plan.
According to previous reports, on June 26, Space ID DAO has voted through IDP3.According to the proposal, 50%of the total revenue generated by the Space ID platform from March 23 to June 23 this year is used to purchase and destroy ID currency; the remaining 50%is allocated to the DAO treasury, which willManagement of ID token holders.
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