The executed mint reduced the proposal’s pre-existing supply base to about 25. 1% of its estimated post-mint total. The post Layer 1 network dilutes supply by 75% overnight to fund survival after main developer quits appeared first on CryptoSlate .
Source: [CryptoSlate](https://cryptoslate.com/layer-1-network-dilutes-supply-by-75-overnight-to-fund-survival-after-main-developer-quits/)