Injective: INJ 3.0 governance proposal is now live, which will lower the inflation rate limit
Injective, a Layer 1 blockchain network, announced that the INJ 3.0 governance proposal has been launched. INJ stakers and validators have four days to vote in support of IIP-392. According to the proposal: 1. The inflation rate threshold will be lowered, with the lower limit currently set at 5%, and it is suggested to reduce it by 25% uniformly on a quarterly basis within two years; the upper limit is currently set at 10%, and it is suggested to reduce it by 30% within two years. 2. The inflation rate change parameter will be increased from 0.1 to 0.5 to improve its responsiveness to staking activities.
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
[Initial listing] Bitget to list Kiichain (KII)
New data display features added to the futures elite trader homepage
CFD profit share feature upgraded for safer earnings
New stock categories added to the market selection pop-up in the elite trade section
