TON Community Ratifies Economic Model Optimization Plan
It is reported that the TON economic model optimization proposal of the TON blockchain community has been approved. The proposal aims to reach a community cons…
It is reported that the TON economic model optimization proposal of the TON blockchain community has been approved. The proposal aims to reach a community consensus on the recycling supply of TON and temporarily freeze inactive mining wallets for 48 months. These wallets have never been activated and there are no outgoing transfers in their historical records.
The TON community has temporarily frozen more than 1 billion tokens of inactive mining wallets, which still needs verifiers to vote
Interpretation of the news:
The TON blockchain community has recently approved a proposal that aims to optimize its economic model. The proposal, named TON economic model optimization plan, seeks to introduce a recycling supply of TON and temporarily freeze inactive mining wallets for four years.
The recycling supply concept implies the periodic introduction of circulating tokens back into the market. This move aims to counterbalance the economic inflation that TON may experience by ensuring a periodic reduction of the circulating tokens in the market. Recycling supply in the TON blockchain community will be done through the introduction of a new smart contract that will allow the purchase of TON at a premium price, which will then be burned, reducing the circulating supply of TON.
Additionally, the proposal seeks to temporarily freeze all inactive mining wallets for four years. These wallets have never been activated, and no historical records indicate any outgoing transfers from them. The freezing of these wallets for four years implies that the tokens in them will not be affected by the recycling supply. This move seeks to mitigate the impact of the recycling supply on the TON community’s early adopters and supporters.
The community’s ratification of the economic model optimization plan is a significant milestone. It signals the community’s commitment to maintaining and improving TON’s economic sustainability in the long run. By introducing a recycling supply model and freezing inactive wallets, the proposal aims to counter the effects of market inflation, promote stability and mitigate risks. The move will undoubtedly position TON blockchain as a reliable and sustainable investment option while maintaining the interests of its early supporters.
In conclusion, the TON blockchain community’s ratification of the economic model optimization plan is a welcome move. The proposal’s introduction of recycling supply and temporary freezing of inactive mining wallets addresses critical risks to the community’s sustainability. Beyond this, it positions TON blockchain as a forward-thinking community that prioritizes the interests of its members.
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