@saidurgareddyinterlink: The Board of @inter_link Labs has officially submitted a proposal to @itl_fdn requesting permission to begin a long term ITL treasury strategy. The proposal introduces a Reverse Auction mechanism where community members can voluntarily submit the amount of ITL they wish to sell and the price they are willing to accept. Based on these submissions, @inter_link Labs may select offers and buy back tokens directly from the market. The proposal also states that any ITL acquired through this process would either be permanently burned or distributed to contributors who help grow the InterLink ecosystem, including ambassadors, builders, KOLs, and community contributors. Proposal submitted by @inter_link Labs: "Dear InterLink Foundation,We respectfully request approval to implement a Reverse Auction mechanism, allowing users to submit the amount of ITL they wish to sell together with their asking price. Based on these submissions, @inter_link Labs will determine the final allocation and repurchase the selected tokens.Any ITL acquired through this program will either be permanently burned or distributed to individuals who make meaningful contributions to the InterLink ecosystem.Thank you." Now we would like to hear from the community. If you had to choose, should the repurchased ITL be burned to reduce supply, or distributed to ambassadors, builders, KOLs, and contributors who continue to create value for the ecosystem?

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