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ETH $1,874.61 -0.53%
BNB $604.83 -0.67%
XRP $1.00 -0.46%
SOL $75.41 -0.61%
TRX $0.3330 -0.32%
DOGE $0.0693 -1.11%
ADA $0.1796 -1.98%
BCH $203.65 -4.54%
LINK $8.86 +1.24%
HYPE $56.12 -2.34%
AAVE $85.52 -3.48%
SUI $0.6758 -1.75%
XLM $0.1592 -0.52%
ZEC $485.06 -1.15%

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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