WEMIX announces the launch of new token economics: the number of KLEVA tokens minted per block will be reduced by 10%
WEMIX has officially announced the implementation of a new KLEVA token economics starting from Klaytn block number 143750458. Now, the number of KLEVA tokens minted per block will be reduced by 10%, with 0.9 tokens minted per block. Afterward, there will be a continued monthly reduction of 10%, with the next reduction plan starting from Klaytn block number 146378458 (around February 20, 2024). WEMIX reminds users to pay attention to the changes, as the reduction in token minting will lead to a decrease in the number of KLEVA tokens allocated to the service, thereby affecting the profits of lending/collateral and leverage yield mining.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BlackRock clients see Bitcoin as hedge amid rising US debt concerns
Former US President Donald Trump Made a Payment Using Bitcoin
The 45th President of the United States, Donald Trump, paid the bill using Bitcoin (BTC) at a venue he visited today. Here are the details.
Cencora Pays Record $75M Ransom in Major Cyberattack
In its July quarterly report, Cencora reported $31.4 million in expenses mainly due to the cybersecurity breach.
SEC settles with Rari Capital over DeFi pools, unregistered broker activity