Evmos Core Team Proposal. The Evmos Core Team proposes a new burning mechanism to the community for consideration.
04 Dec 2023, 13:54
📢 Evmos Core Team Proposal
🔥 The Evmos Core Team proposes a new burning mechanism to the community for consideration.
🗳️ Review the detailed proposal on the forum and share your thoughts. Your input shapes the future of Evmos!
Proposal summary ⬇️
Same news in other sources
504 Dec 2023, 14:37
🚨 Massive proposal for Evmos tokenomics overhaul by @fekunze and @EvmosOrg .
What's been proposed:
Fee Burn: All Cosmos transaction fees and the EIP-1559 BASEFEE for unregistered contracts to be burned, increasing the scarcity of EVMOS.
Incentives Module Deprecation: The…
Massive proposal for Evmos tokenomics overhaul by @fekunze and @EvmosOrg . What's been proposed:.
🚨 Massive proposal for Evmos tokenomics overhaul by @fekunze and @EvmosOrg .
What's been proposed:
Fee Burn: All Cosmos transaction fees and the EIP-1559 BASEFEE for unregistered contracts to be burned, increasing the scarcity of EVMOS.
Incentives Module Deprecation: The…
04 Dec 2023, 13:54
🗓️ The proposal will be submitted a week from now. Your feedback is crucial! It will be considered for the final on-chain proposal.
#Evmos #Tokenomics #Burn
The proposal will be submitted a week from now. Your feedback is crucial.
🗓️ The proposal will be submitted a week from now. Your feedback is crucial! It will be considered for the final on-chain proposal.
https://t.co/yyINphouIO
#Evmos #Tokenomics #Burn
04 Dec 2023, 13:54
5️⃣ Set allocation to the incentives pool account (currently 33.3%) to zero to prevent further token accumulation.
6️⃣ Reduce token issuance (inflation) by 1/3 from ~26.7% to ~17.8%, as the incentives token allocation is no longer required.
Set allocation to the incentives pool account (currently 33. 3%) to zero to prevent further token accumulation.
5️⃣ Set allocation to the incentives pool account (currently 33.3%) to zero to prevent further token accumulation.
6️⃣ Reduce token issuance (inflation) by 1/3 from ~26.7% to ~17.8%, as the incentives token allocation is no longer required.
04 Dec 2023, 13:54
1️⃣ Burn all Cosmos transaction fees following the Cosmos transaction format deprecation.
2️⃣ Burn 100% of EIP-1559 Base Fee for unregistered contracts to the EVMOS Revenue (CSR) module.
Burn all Cosmos transaction fees following the Cosmos transaction format deprecation.
1️⃣ Burn all Cosmos transaction fees following the Cosmos transaction format deprecation.
2️⃣ Burn 100% of EIP-1559 Base Fee for unregistered contracts to the EVMOS Revenue (CSR) module.
https://t.co/G03OVdFd1g.
04 Dec 2023, 13:54
3️⃣ Burn ~132.3 million EVMOS tokens from the incentives pool account, the second-largest account (link below).
4️⃣ Deprecate the incentives module, reducing blockchain storage.
Burn ~132. 3 million EVMOS tokens from the incentives pool account, the second-largest account (link below).
3️⃣ Burn ~132.3 million EVMOS tokens from the incentives pool account, the second-largest account (link below).
4️⃣ Deprecate the incentives module, reducing blockchain storage.
https://t.co/76e7JP85i1