WEMIX announces the launch of a new token economy: the number of KLEVA tokens minted per block will be reduced by 10%
WEMIX officially announced that the new KLEVA token economics has been implemented starting from block number 143750458 on Klaytn. Now, the quantity of KLEVA tokens minted per block will be reduced by 10%, with 0.9 tokens minted per block. Subsequently, there will be a monthly reduction of 10%. The next reduction plan will be implemented starting from block number 146378458 on Klaytn (around February 20, 2024). WEMIX reminds users to pay attention to these changes as the decrease in token minting quantity will result in a decrease in the amount of KLEVA tokens allocated to this service, thereby affecting lending/collateralization and leveraged yield mining profits.
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.
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