Upgrade to v5.0.4 (one-time burn of 3,000,000,000 STOC)
STO Chain proposal #7: Software upgrade v5.0.4 at height 8126180 (about Fri 2026-11-20 05:59 UTC / 14:59 KST). One-time burn of 3,000,000,000 STOC from 7 Fou...
Yes
100%
No
0%
Abstain
0%
Veto
0%
AI Summary
gpt-6-luna - generated 11/13/2026, 8:11:25 AM
Upgrade to v5.0.4 (one-time burn of 3,000,000,000 STOC)
STO Chain proposal 7 upgrades the network to v5.0.4 at height 8126180 and burns 3 billion STOC once from seven Foundation wallets. The proposal says total supply will fall from about 5 billion to about 2 billion STOC. Other wallets, validator stake, delegations, and state are not affected.
- Schedules the v5.0.4 upgrade for height 8126180, approximately November 20, 2026, 05:59 UTC.
- Burns 3,000,000,000 STOC once from seven Foundation wallets holding undistributed supply.
- The listed wallet amounts total 3 billion STOC; the stated supply change is from about 5 billion to about 2 billion.
- The burn is performed by the upgrade handler and emits upgrade_v504_foundation_burn events.
- A wallet is skipped entirely if its spendable balance is below its specified burn amount at upgrade height.
Voter Impact
Voting supports or rejects a one-time burn of 3 billion STOC from the specified Foundation wallets as part of the v5.0.4 upgrade. The proposal states that no other wallets, validator stake, delegations, or state changes are affected.
Risk Signals
- A wallet with insufficient spendable balance at the upgrade height is skipped, with no partial burn.
- The proposal describes the supply figures as approximate; exact resulting supply is not stated.
- The upgrade must not be started before the specified height.
Original Proposal Text
Software upgrade v5.0.4 at height 8126180 (about Fri 2026-11-20 05:59 UTC / 14:59 KST). One-time burn of 3,000,000,000 STOC from 7 Foundation wallets (unlocked supply not yet distributed to the community): Seed&Private Sales stoc18tfsgxy6hx6jy3dmcq49m7ex398hn926h83jqk: 300,000,000 STOC; Team&Advisor stoc1xevdypv5xmcjv8rw87c87j7ac5ljyzjjwdedql: 550,000,001 STOC; Public sales stoc1adgm0sjpesjafvqgz0xj2na8z0u4fdepza3ddz: 150,000,000 STOC; Liquidity&Exchange stoc1xmgghfl5c7ww2tk52fsd8s65xsffpl67qj4hp9: 150,000,000 STOC; Staking Rewards stoc13qn7rhcwdy42n3ay28a09jfhgesgw8jahy2dgn: 900,000,000 STOC; Development fund stoc1yk6cwrmxfajcj8rgk4v6kzv0fytyv48me66qx7: 649,999,999 STOC; Community rewards stoc103rm28zu9fxndzaxuapuu36y7ejyzxe42kttpc: 300,000,000 STOC; Total supply goes from about 5.0 billion to about 2.0 billion STOC. No other wallet, validator stake or delegation is touched and there is no other state change. The burn runs once inside the v5.0.4 upgrade handler and emits upgrade_v504_foundation_burn events; a wallet whose spendable balance is below its amount at the upgrade height is skipped (no partial burn). Source: STOC-Blockchain-Mainnet tag v5.0.4 (commit e1821104). Build: git checkout v5.0.4 && make install, or use the linux/amd64 binary with sha256 11a2a2f51204d5fb67e565d19a55211d7e94c320a6895e738ff1a0f7368ce547. Do not start v5.0.4 before the upgrade height. More details: https://github.com/STOCHAINAssociation/STOC-Blockchain-Mainnet/tree/v5.0.4