Summary
- Tron announced that it has begun implementing Governance Proposal No. 102, which significantly reduces block and voting rewards.
- This move is explained as a strategy to strengthen the network's deflationary effect and defend the long-term token value.
- Tron emphasized that by cutting total block rewards, the annual deflation rate could be raised from 0.85% to 1.29%.
Tron (TRX) announced that it has passed and begun implementing Governance Proposal No. 102, which drastically reduces block and voting rewards.
On the 13th, Tron revealed on its official blog, "Tron has applied changes to on-chain parameters, adjusting block TRX rewards from 16 to 8, and voting rewards from 160 to 128." This measure is explained as a strategy to strengthen the network's deflationary effect and defend the long-term value of its tokens.
Tron added, "Since 2022, the supply of TRX has shown a deflationary trend, but after an expansion of total energy in August-October 2024, supply has started to increase again. Therefore, by reducing the total block rewards from 176 to 136, the annual deflation rate can be raised from the previous 0.85% to 1.29%."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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