Firo has determined a new block reward distribution plan, with masternodes accounting for 70%.

DailyNews

2024-09-02 00:12:48

Odaily Planet Daily News Privacy Cryptocurrency project Firo has determined a new Token issuance and Block Reward allocation scheme through the community governance process. The new scheme includes three main components:

Fixed issuance of 6.25 FIRO per Block until a total of 21.4 million is reached;
After the implementation, 1 FIRO/Block’s tail issuance;
Block reward allocation ratio is main Node 70%, Miner 5%, development team 15%, community 10%. The Firo core team stated that no further changes to the tokenomics will be proposed until the end of issuance to ensure stability. These changes will take effect at Block Height 958655, and the team will soon release an emergency update.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

HaiToken

· 2024-12-01 15:34

To Da Moon 🌕

Reply0

Yipibabu11

· 2024-09-02 00:57

All in All in 🙌

View OriginalReply0