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Proposal 13: A Strategic Move to Control ITLG Token Emission

Proposal 13: A Strategic Move to Control ITLG Token Emission

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by Tomas Novak

7 months ago

Made with AI


InterLink DAO has introduced Proposal 13, which aims to significantly reduce the base emission rate of its ITLG tokens by 50%. This move is designed to address the evolving dynamics of the platform as its user base continues to grow. According to the official information, this adjustment is expected to enhance the overall stability of the token economy.

Proposed Change to Mining Token Emission

The proposed change will automatically decrease the number of tokens earned during each mining session, although it will not affect the fundamental mechanics of the mining process. Token holders are encouraged to engage in discussions and cast their votes using their ITLG balances on the InterLink platform.

Rationale Behind the Emission Rate Adjustment

According to the InterLink team, the initial emission rates were tailored for rapid growth, but they have become less effective as the user base has expanded. By halving the emission rate, the proposal aims to create a stronger sense of scarcity, thereby limiting the influx of new tokens into circulation. This strategy is expected to maintain proportional rewards for all users, ensuring that the ecosystem remains balanced and sustainable.

In a recent development, Lighter has announced a major Token Generation Event and airdrop for 2025, which contrasts with InterLink DAO's proposal to reduce token emissions. For more details, see read more.

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