11:05
The proposed ACXToken has a permanent supply cap of 1 billion in response to the founder of LayerZero's doubts.
Co-founder Hart Lambur of Across Protocol proposed to permanently set a 10 billion supply cap for the ACX Token and relinquish all ownership control of the Token by setting it to the 0x0 Address, in order to prevent any minting or burning operations on the Token supply. The proposal has received wide support from the community and is undergoing a temperature check vote, with a support rate as high as 99.5%. Earlier, the CEO of LayerZero pointed out that the ACX Token contract had some issues, including exposing the ability to burn tokens and unlimited minting capabilities.

