💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Across initiated a proposal to permanently fix the total supply of ACX at 1 billion coins.
Odaily Planet Daily News: Hart Lambur, co-founder of Across, initiated a proposal on Snapshot, seeking community approval to fix the total supply of ACX Token at 1 billion. Hart said that Bryan Pellegrino, the founder of LayerZero, recently criticized the Token design of Across, claiming that the ERC20 Token contract of ACX is susceptible to unauthorized Token minting. The Across team disagrees with his accusations. However, in the spirit of Decentralization and transparency, we propose a change to permanently fix the supply of ACX Tokens at 1 billion. This change does not require any modification to the ACX contract, but only requires Across Governance to relinquish ownership of the ACX Token contract to prevent any party from changing the Token supply through minting or burning in the future.