# BIP-1: Burn the Unlocked Bit Supply to Enhance the Community

**URL:** <https://forum.mantle.xyz/t/bip-1-burn-the-unlocked-bit-supply-to-enhance-the-community/755>\
**Category:** Uncategorized\
**Created:** [September 6, 2021, 8:10am UTC](https://forum.mantle.xyz/t/bip-1-burn-the-unlocked-bit-supply-to-enhance-the-community/755 "2021-09-06T08:10:29Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Jude](https://avatars.discourse-cdn.com/v4/letter/j/bc8723/32.png) [@Jude](https://forum.mantle.xyz/u/Jude)\
**Post date:** [September 6, 2021, 8:10am UTC](https://forum.mantle.xyz/t/bip-1-burn-the-unlocked-bit-supply-to-enhance-the-community/755/1 "2021-09-06T08:10:29Z")

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As the community participating in the SUSHI MISO sale is now under loss, we should find ways to enhance the development of the community.

The most useful way is to burn the supply, take other platform coins for example: OKB burnt its 70% supply and announced that it will never inflate.

As tokens from “BitDAO Treasury, Bybit Flexible, Bybit Locked” account for 90% of the total supply, I suggest burning part (~20%-~50%) of it to cut the potential FDV (Full Diluted Val).

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**Author:** ![Jude](https://avatars.discourse-cdn.com/v4/letter/j/bc8723/32.png) [@Jude](https://forum.mantle.xyz/u/Jude)\
**Post date:** [November 12, 2021, 10:35am UTC](https://forum.mantle.xyz/t/bip-1-burn-the-unlocked-bit-supply-to-enhance-the-community/755/3 "2021-11-12T10:35:42Z")

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As the community participating in the SUSHI MISO sale is now under loss, we should find ways to enhance the development of the community.

The most useful way is to burn the supply, take other platform coins for example: OKB burnt its 70% supply and announced that it will never inflate.

As tokens from “BitDAO Treasury, Bybit Flexible, Bybit Locked” account for 90% of the total supply, I suggest burning part (~20%-~50%) of it to cut the potential FDV (Full Diluted Val).