TRON mainnet TRX reduction proposal passed with high votes: block reward reduced by 50%, voting reward reduced by 20%

ChainCatcher news, TRON announced that the mainnet proposal No. 102 regarding TRX reduction has successfully completed voting at 14:00 Singapore time on the same day, passing with 25 votes in favor (out of a total of 27 votes). This reflects the community's strong support for accelerating deflation and optimizing the economic model strategy, and it also means that the TRX reduction has entered the formal implementation stage.

The effectiveness of this proposal will reduce the block reward from the original 16 TRX to 8 TRX (a 50% reduction), and the voting reward will decrease from 160 TRX to 128 TRX (a 20% reduction). It is expected to increase the annualized deflation rate of TRX from 0.85% to 1.29%. This reduction aims to accelerate the deflation process of TRX and optimize TRON's economic model, thereby ensuring the long-term sustainable development of the network.