Optimism: The OP token's originally planned 2% inflation rate was incorrectly set to 20%, which will not affect the planned token supply

2022-10-11 08:42:35
Collection

ChainCatcher news, according to the official Optimism Governance Twitter, the total supply of OP tokens was announced to expand at a rate of 2% per year when launched, but this rate was incorrectly set to 20% when the contract was deployed. The contract logic will be updated to the expected 2% later today.

Since the inflation of OP will not begin until next year, no new tokens have been minted or transferred, and any future changes to this rate must go through governance, so this incorrect setting has had no actual impact. (Source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators