WEMIX Foundation decides to stop WENIX token minting rewards per block
Blockchain gaming platform WEMIX announced that the foundation has decided to stop the WENIX token minting reward for each block. This means that the total supply of WEMIX will remain the same or decrease from the block height at which the minting reward is stopped. The project team will use the WEMIX held by the foundation for distribution to incentivize ecosystem contributors, which is expected to be maintained for about 20 years. Meanwhile, the network fees currently being automatically destroyed will be converted into bulk destruction, and the destruction rate will be determined at the end of each quarter. WEMIX is currently trading at $2.93, with a daily increase of 18.6%.
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