Data: Over 300 million PHA tokens have been transferred to the SubBridge contract address

2023-04-21 09:24:41
Collection

According to ChainCatcher news and Santiment data, last night 308.2 million PHA tokens (worth 53 million USD) were transferred to a bridge contract address as a computation reward.

It is reported that previously Phala, through #41 proposal, minted 308.2 million PHA and deposited it into the SubBridge PHA reserve to enable PHA transfers. In the future, the community team will regularly transfer funds based on the balance of the Phala and Khala subsidy pools to ensure that both chains have enough tokens to pay for computation rewards. (Source link)

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