Lorenzo Protocol Opens Vote on Vesting Change That Could Add 454.8M Tokens

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Lorenzo Protocol launched Lorenzo Governance and opened its first on-chain vote on a vesting proposal that would add 454.8 million tokens to total and circulating supply if approved. The proposal would shorten vesting periods for Rewards, Investors, Ecosystem & Development, Team, Treasury, and Advisors and upgrade tokenomics from V2 to V3. veBANK holders can vote from May 12 to May 17.

BANK-3.88%
ON-3.08%
TEAM7.8%
MAY32.33%
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