TechFlow reports that Chiliz, the sports and entertainment blockchain, has unveiled version 2.0 of its Chiliz Chain token economics, featuring a gradually declining inflation rate and a permanent token burn mechanism.
The CHZ inflation rate will decrease annually from 8.8%, reaching 1.88% after 14 years and remaining at that level thereafter. Chiliz Chain will implement the EIP-1559 mechanism, under which the majority of accumulated gas fees will be burned at the protocol level.
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