KLAY token economy

  • Klaytn will carry out Kore hard bifurcation in Q2 and destroy 5.28 billion KLAYs in the initial issuance reserve

    According to the report, according to the official news, the proposal of “building a sustainable and verifiable KLAY token economy” put forward by the Klayton Foundation has been voted by the members of the Governance Committee (GC). 26 of the 31 GC members participated in the vote and all approved the proposal. According to the proposal: 1. First, destroy and remove 5.28 billion KLAYs that have not been used in the past 3 years and 8 months out of the initial issuance reserve of about 7.48 billion KLAYs. 2. If…

    03/01/2023
    212
  • Klayton’s proposal to “destroy 5.28 billion KLAYs out of 7.48 billion KLAYs” has been voted

    On February 22, the Klayton Foundation released a proposal to “establish a sustainable and verifiable KLAY token economy”, proposing to immediately destroy and remove the 5.28 billion KLAYs that were not used in the past three years and eight months out of the initial issue reserve of about 7.48 billion KLAYs. If no use cases are found in cooperation with Klayton’s Governance Committee (GC), 2 billion KLAYs will be destroyed and stopped within 3 years. Interpretation of this information: The Klayton Foundation has released a proposal to create a sustainable…

    02/22/2023
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