Chiliz: Dragon8 Hard Fork has been launched and a new token economic model has been introduced
June 17 news, according to official information, sports blockchain provider Chiliz announced that the "Dragon8" hard fork on the Chiliz Chain has now been launched and introduced a complex new token economic model. The feature of Tokenomics 2.0 is that the structured annual inflation rate starts at 8.80% and gradually decreases and stabilizes at 1.88% after about 14 years, one key component of which is a transaction fee burning mechanism designed to provide a balanced incentive structure.
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