🔥 Heima Community Approved Burning 16.5 Million HEI

🔹 Total amount of HEI burned: 16.5 million HEI.
🔹 Token burn composition:
* 12.05 million HEI are locked.
* 4.45 million HEI are unused and unlocked.
🔹 Reasons for burning tokens:
* These funds were initially allocated for participating in Polkadot parachain auctions.
* After Polkadot switched to the Coretime model, the demand for DOT for this purpose decreased significantly.
* Heima's team states that the current required amount of DOT can be met from the existing reserve DOT fund.
🔹 Implementation timeline:
* Token burning will not occur immediately after the referendum concludes.
* It is expected to take place after 288,000 blocks from the proposal approval.
* Based on the current block creation time, this process is estimated to take about 40–60 days.
🎯 Notable points
✅ Burning 16.5 million HEI will reduce the circulating supply in the future, creating a deflationary effect for the token.
✅ This decision reflects Heima's adaptation to changes in Polkadot's operational mechanism, while optimizing ecosystem capital utilization.
✅ Investors should monitor the actual burn timing over the next 40–60 days, as this could be an event that impacts market sentiment toward HEI.
$HEI ‌ ‌