IoTeX releases IoTeX 2.0 white paper, balancing inflationary staking rewards and usage-based deflationary destruction

DePIN project IoTeX released the IoTeX 2.0 white paper, which details composable modules, a unified trust layer, and new token economics, with plans to connect 100 million devices and unlock trillions of dollars in value in the next 3-5 years. IoTeX 2.0's token economics will expand the utility of IOTX, reward stakeholders based on their contributions, balance inflationary staking rewards and usage-based deflationary destruction, and incentivize DePIN dApps and L2 to leverage its modular infrastructure.