Home Cryptocurrency ICP to add 20% revenue burn in new tokenomics shift

ICP to add 20% revenue burn in new tokenomics shift

ICP adds 20% revenue-funded burns and usage-based node rewards to align supply with demand. The DFINITY Foundation announced plans to update Internet Computer’s tokenomics to include a burn mechanism funded by network revenue, according to a statement from the organization.…

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

US lender Rate unveils mortgage program recognizing crypto holdings

The nationwide RateFi product allows borrowers to count crypto holdings toward mortgage...

Dogecoin price flags multi-year H&S pattern as key demand metrics plunge

Dogecoin price is stuck in a technical bear market, a trend that...

Why The XRP Price Bottom Could Be In, And A Jump Above $2 Is Coming

The XRP price may be approaching a decisive turning point after fresh...

Bitcoin traders diverge over BTC price strength with $60K in sight

Bitcoin gained both upside and downside targets as the Wall Street open...