Chiliz Chain to Hard Fork Dragon8 on May 21, Introducing Token Economics 2.0
PANews reported on April 30 that Alexandre Dreyfus, CEO of sports and entertainment public chain Chiliz Chain, said on the X platform that the official date of Chiliz Chain's Dragon8 hard fork is currently scheduled for May 21, and this fork will introduce Token Economics 2.0. Previously, in the Token Economics 2.0 version released by Chiliz in February, it was mentioned that CHZ's inflation rate will drop from 8.8% to 1.88% year by year and remain stable after 14 years. Chiliz Chain will also implement the EIP-1559 transaction fee destruction mechanism, and most of the accumulated gas fees will be destroyed.
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.
You may also like
Ethereum targets March 2025 for ambitious Pectra upgrade rollout
Ethereum's Pectra upgrade aims to enhance efficiency and usability with ambitious phased improvements.
Cardano Advances with Accumulation of Whales and RSI Points to Uptrend
Axie Infinity (AXS) and Enjin (ENJ) Approach Key Resistance Levels: Are Breakouts On The Horizon?
Chainlink (LINK) Builds Momentum Ahead Of Key Breakout: Is A Rally On Horizon?