Chiliz Chain Major Upgrade: Dragon8 Hard Fork Approaches, Inflation Optimization and Gas Burn Mechanism in Focus
Web3 sports and entertainment infrastructure provider Chiliz Chain has announced that its Dragon8 hard fork will officially launch on May 21. This upgrade will introduce a new suite of developer tools and fully implement the Chiliz Chain Tokenomics 2.0 economic model. Under the updated mechanism, the annual inflation rate of CHZ tokens will gradually decrease from 8.8%, ultimately stabilizing at 1.88% after a 14-year decay cycle. Notably, this upgrade will also adopt the Ethereum EIP-1559 burn mechanism, with the vast majority of gas fees being permanently destroyed, further optimizing the token economic model. These innovative measures are expected to provide the Chiliz ecosystem with a more sustainable growth outlook.
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.41% | 8.03% | 9.47% | 18.55% | 45.94% |
