InterLink has made a pivotal announcement regarding its token issuance policy, introducing a substantial 50% reduction in the base mining rate for its token, ITLG. This strategic move aligns with the rollout of the latest ITLX Wallet version 403, which aims to improve user experience and security. Based on the data provided in the document, this change is expected to have significant implications for the token's market dynamics.
Halving the Mining Rate
The decision to halve the mining rate is primarily aimed at controlling inflation and managing the growth of the circulating supply as the user base continues to expand.
Stability of Mining Eligibility and Governance
Despite this significant change, InterLink assures that mining eligibility and governance structures will remain intact, ensuring stability within the ecosystem.
Rewards for Verified Users
Verified users will still be able to earn rewards based on their participation, promoting a fair and equitable system across the network.
Enhancements in Transaction Performance
This update is expected to enhance the overall performance of transactions while providing users with improved access and security features.
Infinex has recently announced the launch of its INX token, a significant development in the DeFi landscape, which coincides with InterLink's new token issuance policy. For more details, see INX token launch.
