WAX Nyheder

The #waxblockchain tokenomics is being redesigned in order to reduce the on-chain inflation rate and to ensure that on-chain activities can start funding the cost associated with the wax blockchain operations.

What has changed concerning this transition? Before we embark on this transition, let's take a moment to review the current #WAX TOKENOMICS functioning.

Under the current model, a static inflation mechanism introduces an additional 5% more tokens every year. This distribution is allocated towards: (Please also refer to infographic below, Understanding Current State of WAX TOKENOMICS)

💥2%) Top 21 Block Producers and Standby’s: A portion is allocated to compensate these pivotal & decentralized entities in our ecosystem.

💥(2%) Rewarding Active Participants: Those who stake their WAXP tokens for CPU/NET and actively vote for WAX Guilds (block producers) receive staking rewards.

💥(1%) WAX Labs Proposals & Savings: Funding innovative proposals that promise to enhance the WAX ecosystem.

Exciting Changes Coming to the WAX DeFi Ecosystem: As WAX undergoes further development, major changes are in store for the WAX DeFi ecosystem. These steps represent a significant shift in tokenomics and DeFi strategy, leading to a more efficient and optimal @WAX_io ecosystem.(Please refer to attached infographic below 👉 Changes to WAX DeFi to Upcoming Key Deadlines)

The @WAX_io team are pleased to introduce the enhanced #WAX Blockchain Tokenomics, which reflects the commitment to adapt to the dynamic blockchain environment.

For more information about it's landscape transition. Please visit this article:medium.com/wax-io/wax-tok... $WAXP

Future improvements are in the works. The WAX team's vision is unstoppable, which means there will be many new features available in the near future. Please follow @WAX_io on X-platform (https://x.com/WAX_io?s=09) and join Discord community go.wax.io/discord, to stay updated.

Thank you for reading.

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It's a collection of NFTs that can be used in the Wombat Dungeon Master game.

🟣Explore: https://virl.com/collection/asset.a/dungeonitems

🟪Follow: @WombatDungeon and @WAX_io

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@WAX_io #WAXNFT #WAXFAM $WAXP

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