TechFlow News: Messaging app LINE's blockchain project Finschia and South Korea's public blockchain Klaytn have jointly proposed a mainnet merger, which will issue a new integrated token (PDT). Holders of FNSA and KLAY will be eligible to claim the new token.
The merged blockchain will integrate Ethereum (EVM) and Cosmos (CosmWasm) technologies, offering a network with both compatibility and high performance.
The merger plan includes burning approximately 24% of the existing supply, reducing inflation to 5.2%, and introducing a new three-tier token burn model.
If approved, an integration foundation is expected to be established within the second quarter, launching business plans for token exchange and the merged mainnet, which is anticipated to accelerate large-scale Web3 adoption across Asia.
