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
Announcement on the removal of the "Signal Calls" feature from the app
[Initial listing] Bitget to list MAGNE.AI (MHA)
CandyBomb x DGAI (Episode 2): Trade to share 50,000 USDT
CandyBomb x MCAT: Trade to share 60,000 USDT
