MIA city coin burn to exit voting

The CCIP-026 proposal allows to burn mia tokens and receive a share of the 1.5m STX currently in the rewards treasury.

Voting is live for those who stacked MIA during cycle 82 or 83 at https://mia-burn-to-exit.fastpool.org

Voting ends in 2 weeks

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@CryptoRena

Are you able to tag Patrick and have him give an update on his efforts to schedule/meet with the Miami Mayor regarding the STX gift treasury? Thank you again.

Update from Patrick:

MIA Burn-to-Exit (CCIP-026) Update
Vote passed :white_check_mark:

This is about the rewards treasury (stacking rewards accumulated after shutdown) — not the mining treasury tied to the gift agreement.

Per the gift agreement, the mining treasury STX is owned by the City; we are not legally allowed to ask for it back.

The City has indicated they’re busy and not engaging further.

Burn to claim your share now, especially prior to dual staking. A matching-rate exit based on the mining treasury and total supply is available through CCIP-026.

Vote / redeem at:

https://mia-burn-to-exit.fastpool.org (Friedger’s site)

1 Like

If there’s something I can build to help — especially matching exit-seekers with new entrants willing to take distressed tokens — say the word. DEX liquidity is gone, but JingSwap (the JIT clearing protocol I built) doesn’t need any: it clears at oracle prices. No MIA oracle exists today, but there’s room to get creative. Happy CCIP-026 day!