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Klaytn Foundation Proposes Burning 5.28B KLAY in Tokens Overhaul, Cutting Token Supply by Nearly 50%

Press Release by Press Release
February 22, 2023
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Klaytn Foundation to Make Changes to KLAY Tokenomics and Governance Models
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The proposal includes short-term tokenomics improvements: from the initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY, or approximately 48% of the current total KLAY supply.



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Tags: 528BBurningCuttingFoundationKLAYKlaytnoverhaulProposessupplyTokentokens
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