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BTC $79,422.35 -0.72%
ETH $2,491.55 -0.35%
BNB $744.25 -1.73%
XRP $1.40 -1.44%
SOL $105.10 -1.48%
TRX $0.3368 +0.79%
DOGE $0.0897 -0.31%
ADA $0.2193 -0.03%
BCH $257.02 -1.49%
LINK $13.29 +8.06%
HYPE $87.77 -0.19%
AAVE $134.76 -0.14%
SUI $0.8128 +1.78%
XLM $0.1921 +2.83%
ZEC $1,208.14 +1.71%

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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