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ETH $1,883.08 +0.31%
BNB $610.11 +0.62%
XRP $1.00 +0.62%
SOL $75.66 +0.77%
TRX $0.3312 -0.31%
DOGE $0.0700 +0.47%
ADA $0.1777 -0.38%
BCH $203.88 +0.12%
LINK $9.57 +7.10%
HYPE $57.07 +2.44%
AAVE $86.59 +1.28%
SUI $0.6804 +0.65%
XLM $0.1587 +0.22%
ZEC $489.87 +0.05%

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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