Welcome to our brand new Discord Server!

The LavaX Labs team is thrilled to announce our brand new Discord server! You can join the server here: https://discord.gg/lavaxlabs

As we continue to build and grow the LavaX platform, we will be shifting much of the high-level conversation to our Discord server. Here users will be able to ask more in-depth questions and have more intimate access to the team through AMAs and Fireside voice chats.

As an added benefit to LavaX holders, you will be able to gain exclusive access to token holder-only channels. By following the instructions in the “collabland-join” channel, holders with a minimum of 100 $lavax tokens are able to take part in a variety of platform-based decisions.

Here users will be able to propose and vote on upcoming IDO projects and have their say on which projects pass, and which don’t pass the test. Holders will also be able to vote on various burn proposals and staking proposals.

The first burn proposal is coming up on Monday, October 31st at 11 am EST.

We are proposing a burn of 250,000 $lavax tokens per month over the course of the following year, totaling 3 million tokens burnt, or 4% of the total supply. The first burn will take place on December 1st.

Once the poll opens, token holders can vote yes or no. The poll will remain open indefinitely.

This is just the first of multiple token burns that we will propose, so stay tuned to our socials for more info!

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