TechFlow News — WEMIX has announced a KLEVA token minting restructuring plan. Starting from Klaytn network block number 143750458 (14:46 KST on January 20, 2024), the amount of KLEVA tokens minted per block will decrease by 10% each month, reducing the maximum supply to nearly half of the initial plan.
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10% of borrowing interest will be used for KLEVA token buybacks and burns
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Performance fees will be partially used for KLEVA token buybacks and burns
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All liquidation fees will be used for KLEVA token buybacks and burns
KLEVAomni was launched on January 9, 2024, as the future of KLEVA—an integrated evolution of cross-chain DeFi protocol innovation based on the unagi initiative and optimized tokenomics for an omnichain ecosystem.
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