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Uncategorized

75% Validators Backing Over 1 Billion TON Tokens Frozen Until 2027

February 27, 2023 - Around 2 mins mins to read

Key Points:

  • The vote on the proposal to optimize the TON token economy ended with 75% of validators agreeing to freeze inactive mining wallets.
  • The proposed adoption would result in 1,081,389,417 TON tokens (more than 20% of the total supply) locked up until February 21, 2027.
  • Over the next 48 months, network participants can rest assured that these tokens will not cause market volatility or be used for any market disruption.
According to an official announcement by Ton Blockchain, the voting for the proposal to optimize the TON token economy it ended with 75% of the votes in favor.
75% Validators Support Freezing Over 1 Billion TON Tokens Until 2027

Specifically, on February 21, the proposal was made to reach community consensus on the supply of TON tokens in circulation, temporarily freezing inactive mining wallets for 48 months or having never been activated and don’t have any transfers in their history.

“The validator vote about optimizing #TON‘s tokenomics has ended. More than 75% of all validators voted in favor of temporarily freezing dormant early mining wallets – these addresses were not activated before the end of the voting period.”

The proposal’s content shows that there are currently 171 inactive mining wallets. These 171 contain more than 1.081 billion token TON, about 21% of the total current TON supply, and the most significant balance is holding more than 112 million TONS.

Voting results will not directly affect online voting. However, the community trusts network validators to take the community’s ideas seriously.

The results showed that over 75% of validators voted to freeze inactive early mining wallets temporarily. There have been 171 disabled wallets with a balance of 1,081,389,417 TON (more than 20% of the total supply) as of February 21, 2027.

75% Validators Support Freezing Over 1 Billion TON Tokens Until 2027

Blockchain also commits that over the following 48 months, network participants can rest assured that these tokens will not cause market volatility or be used for any market disruption.

TON is a community-driven blockchain and wants network validators to listen to the voices of the entire community. As a result, the network suggested that every Toncoin holder participates in this vote before voting on this network.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Foxy

Coincu News

Uncategorized

75% Validators Backing Over 1 Billion TON Tokens Frozen Until 2027

Key Points:

  • The vote on the proposal to optimize the TON token economy ended with 75% of validators agreeing to freeze inactive mining wallets.
  • The proposed adoption would result in 1,081,389,417 TON tokens (more than 20% of the total supply) locked up until February 21, 2027.
  • Over the next 48 months, network participants can rest assured that these tokens will not cause market volatility or be used for any market disruption.
According to an official announcement by Ton Blockchain, the voting for the proposal to optimize the TON token economy it ended with 75% of the votes in favor.
75% Validators Support Freezing Over 1 Billion TON Tokens Until 2027

Specifically, on February 21, the proposal was made to reach community consensus on the supply of TON tokens in circulation, temporarily freezing inactive mining wallets for 48 months or having never been activated and don’t have any transfers in their history.

“The validator vote about optimizing #TON‘s tokenomics has ended. More than 75% of all validators voted in favor of temporarily freezing dormant early mining wallets – these addresses were not activated before the end of the voting period.”

The proposal’s content shows that there are currently 171 inactive mining wallets. These 171 contain more than 1.081 billion token TON, about 21% of the total current TON supply, and the most significant balance is holding more than 112 million TONS.

Voting results will not directly affect online voting. However, the community trusts network validators to take the community’s ideas seriously.

The results showed that over 75% of validators voted to freeze inactive early mining wallets temporarily. There have been 171 disabled wallets with a balance of 1,081,389,417 TON (more than 20% of the total supply) as of February 21, 2027.

75% Validators Support Freezing Over 1 Billion TON Tokens Until 2027

Blockchain also commits that over the following 48 months, network participants can rest assured that these tokens will not cause market volatility or be used for any market disruption.

TON is a community-driven blockchain and wants network validators to listen to the voices of the entire community. As a result, the network suggested that every Toncoin holder participates in this vote before voting on this network.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Foxy

Coincu News

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