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Invezz 2023-06-01 17:10:28

TON Foundation proposes 50% burn of validator rewards

The TON Foundation is seeking validator approval for a proposal that would introduce a burn mechanism to the Toncoin network. According to the proposal, TON will destroy 50% of all transaction fees daily. As highlighted by The Block, TON’s overall transaction fees are much smaller compared to its staking rewards. While the proposal could see The post TON Foundation proposes 50% burn of validator rewards appeared first on Invezz .

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