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Chiliz Chain to Hard Fork Dragon8 on May 21, Introducing Token Economics 2.0

Chiliz Chain to Hard Fork Dragon8 on May 21, Introducing Token Economics 2.0

PANews2024/04/30 15:55
By:PANews

PANews reported on April 30 that Alexandre Dreyfus, CEO of sports and entertainment public chain Chiliz Chain, said on the X platform that the official date of Chiliz Chain's Dragon8 hard fork is currently scheduled for May 21, and this fork will introduce Token Economics 2.0. Previously, in the Token Economics 2.0 version released by Chiliz in February, it was mentioned that CHZ's inflation rate will drop from 8.8% to 1.88% year by year and remain stable after 14 years. Chiliz Chain will also implement the EIP-1559 transaction fee destruction mechanism, and most of the accumulated gas fees will be destroyed.

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