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ETH $1,866.37 -1.29%
BNB $603.97 -0.85%
XRP $1.00 -0.70%
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TRX $0.3327 -0.49%
DOGE $0.0695 -0.65%
ADA $0.1782 -3.23%
BCH $200.66 -5.86%
LINK $8.77 -0.41%
HYPE $55.67 -4.19%
AAVE $85.38 -3.33%
SUI $0.6736 -2.69%
XLM $0.1593 -0.92%
ZEC $482.41 -2.34%

IOST updates token economics: 97% of newly issued tokens are for community use

2024-12-20 22:13:47

ChainCatcher news, according to official sources, IOST has launched a new token economics: 97% of newly issued tokens are for community use, including: staking rewards, ecosystem growth, and merchant incentives; 3% is for operational costs and recruitment.

It is reported that IOST has launched a strategic token development plan, with 97% of the ecosystem growth reserves dedicated to community development, node operation, and ecosystem expansion, leaving only 3% for operational sustainability.

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