Fuel Community Proposes Tokenomics 2.0 Framework

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

According to MetaEra, on November 28 (UTC+8), the Fuel community released a draft proposal for 'Fuel Tokenomics 2.0'. The proposal includes transitioning FUEL from an inflationary to a deflationary model, tightening circulating supply through updated issuance mechanisms, using non-FUEL transaction fees for FUEL token buybacks, partially burning and staking FUEL transaction fees, and changing the daily unlock mechanism to a three-month phased model to enhance stability. (Source: Foresight News)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.