Merit Circle Community Proposal Regarding Burning 200 Million $MC from Community Incentives Allocation Gets Passed

The MIP-20 proposal launched by the game guild Merit Circle's community to burn 200 million $MC from the community incentives allocation got passed.

According to the proposal MIP-20, the total initial supply of the Merit Circle token ($MC) was 1 billion, with nearly 30% of the community incentives allocation, but the tokens have had no utility and none have been spent since the creation of the community incentives wallet. Currently 6,125,000 tokens are being burned each month from the Community Incentives wallet, as per the proposal MIP-7, however the wallet 8 still has almost 200m MC tokens sitting in it.