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Injective: The INJ 3.0 governance proposal has been launched and plans to make a major upgrade to token economics

Injective: The INJ 3.0 governance proposal has been launched and plans to make a major upgrade to token economics

PANews2024/04/19 13:40
By:PANews

PANews reported on April 19 that the Layer 1 blockchain network Injective stated on the One of the most compressed assets, INJ stakers and validators have 4 days to vote for IIP-392.”

According to the proposal: 1. The inflation rate limit will be lowered. The lower limit is currently set to 5%, and it is recommended to reduce it by 25% quarterly within two years; the upper limit is currently set to 10%, and it is recommended to reduce it by 30% within two years. 2. Increase the inflation rate change parameter from 0.1 to 0.5 to improve its responsiveness to staking activities.

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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.

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