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Ren DAO Votes to Approve Proposal Regarding Setting up Ren Foundation and Minting New Ren Tokens

The Ren DAO has approved the proposal regarding setting up a Ren Foundation and minting new Ren tokens to it through voting. The results of the vote for minting 200 million, 150 million, 100 million and 50 million tokens were 80.78%, 1.08%, 2.05% and 10.97%, respectively. 

According to the proposal, the weighted average of the voting power allocated towards above options will be the final amount to be minted to the Ren Foundation.

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