EVMOS is set to increase the value of network tokens

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Rome Blockchain Labs

Rome Blockchain Labs

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发布日期: 2023年12月15日

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• EVMOS is set to increase the value of network tokens while improving stability via efficiency. Not sure how? Read on:Burn Cosmos Fees: During transition, fees from Cosmos transactions will be burned (destroyed).EIP-1559 Mechanism: Implement a system to burn extra tokens from certain smart contracts.Destroy 132.3 Million Tokens: Remove a large quantity of tokens from the second-largest account.Discontinue Incentive Module: Stop a program to reduce blockchain storage and prevent token accumulation.Reduce Token Issuance: Lower the creation of new tokens from ~26.7% to ~17.8%.
• It’s not too late to have your say! Although EVMOS is moving fast looking to implement before 2024, this proposal is up for community approval.

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