AladdinDAO voted to approve the proposal to "reduce the maximum supply of ALD by 85%".

According to BlockBeats news on December 15th, as shown on the Snapshot governance page, the AladdinDAO community, a decentralized asset management market, voted with a 100% approval rate to pass the proposal of "reducing the maximum supply of ALD by 85%". In the proposal, the team proposed to implement a simple and clear change from the first phase: significantly reducing the maximum supply of ALD. Currently, the maximum supply of ALD is set at 1 billion tokens, and the proposal suggests changing the hard cap to 150 million tokens (less than 5 million more than the current supply).