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TechFlow reports that Alexandre Dreyfus, CEO of sports and entertainment blockchain Chiliz Chain, announced Chiliz Chain Tokenomics 2.0 on X platform. The new tokenomics sets the first-year inflation rate of CHZ at 8.8%, decreasing annually; additionally, the protocol will introduce an EIP-1559-like mechanism whereby a portion of CHZ tokens used as gas will be directly burned.
Chiliz Chain, the blockchain for sports and entertainment, announced its Tokenomics 2.0 on X, revealed by CEO Alexandre Dreyfus. The new model sets the first-year inflation rate for CHZ at 8.8%, decreasing annually. Additionally, the protocol will introduce an EIP-1559-like mechanism, under which a portion of CHZ used as gas fees will be burned directly.
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