According to an official announcement from today, the team behind Shiba Inu has announced that it will be adjusting the minting rate of its BONE reward token. Preventing The Over Minting Of BONE Rewards The minting rate of the BONE reward token has been adjusted to 1 BONE per block (1 BPB). This comes in an effort to prevent the over-minting of the BONE rewards, following the community’s decision to halt the minting of $BONE rewards at 230 million. “We understand reducing the BPB down may seem like a drastic approach to the rewards system right now, but to begin streamlining the future of ShibaSwap, this will allow the team to focus on the tasks that will bring these systems to life sooner rather than later,” the blog post reads. The team, however, still wants the ShibaSwap rewards to continue as preparations are ongoing for the release of the upcoming TREAT token. Meanwhile, details on its release date, including its tokenomics, are yet to be revealed. Important Notice in Regards to BONE Farms Read more…https://t.co/tqL95t16sj — Shib (@Shibtoken) July 16, 2022 ShibaSwap Reward Proposal Recently, a community proposal took place to halt the minting of the ShibaSwap reward token, where over 98% of participants voted in favor of pausing BONE rewards at 230 million, which has a total supply of 250 million. The community also voted that the remaining 20 million BONE should be reserved for validators, who will be rewarded in the tok...
