According to Erik Voorhees, a significant token burn and buyback strategy has been implemented, reclaiming 1/3 of the total supply and burning it, along with buying back and burning the 1% sold at launch. This move is aimed at reducing supply and potentially increasing token value. Source: Erik Voorhees' tweet and The Block article.

According to Erik Voorhees, builders in the crypto sector, who have been hesitant due to regulatory scrutiny likened to 'Sauron's Eye,' may find the current environment more accommodating for new ventures. Voorhees implies that the regulatory atmosphere has become less intimidating, encouraging innovators to pursue their projects. This could signal a potential increase in project launches and capital allocation in the cryptocurrency market, affecting trading volumes and investor interest (source: Erik Voorhees).