WuTalk has learned that the Sanctum community has initiated proposal CLOUD-008, aiming to burn the remaining 259 million CLOUD tokens in the community reserve, accounting for approximately 25% of the total supply. This would reduce the total supply from 1 billion tokens to around 741 million tokens. The proposal also announced changing the token code from CLOUD to SANC, with adjustments only to the name, symbol, and logo, while the tokenomics and contract address remain unchanged.