Repurpose more than 2B $SWEAT: Results are in

Sweat Team
Sweat Economy
Published in
1 min readJul 31, 2023

You’ve now officially broken your own record.

More than 380K of you made Web3 history again by deciding how to repurpose more than 2B $SWEAT.

Here’s how you did it…

Last month, more than 350K of you made your voices heard in part II of our governance vote. 83% of voters were in favor of reclaiming idle tokens locked up for inactive user accounts.

But the proposal didn’t end there. We needed your help to decide what to do with all that $SWEAT, and now, the results are in.

The community voted in favor of burning 1.8B $SWEAT.

Today 1.8B $SWEAT was moved to a new burn contract, and it will be burned gradually. Check the on-chain proof of the move and the burn.

The remaining $SWEAT will be reallocated to support the launch in the United States, Bahamas, Barbados, Botswana, Ghana, Jamaica, Pakistan, Zimbabwe, and Uganda.

Thanks to everyone who participated in this record-breaking vote — the largest in Web3 history to date! The more you make your voice heard, the stronger we all become.

The Sweat Team

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Sweat Economy
Sweat Economy

Published in Sweat Economy

Sweat Economy is designed to unlock the economic value of movement. It is designed to inspire a healthier, wealthier planet. For everyone. Download the Sweatcoin app and Sweat Wallet to earn for your steps. https://sweateconomy.com/

Sweat Team
Sweat Team

Written by Sweat Team

The voice of the official Sweat Economy Medium publication. Website: https://sweateconomy.com/

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