Initia adjusted the annual inflation rate from 5% of total supply to 5% of staked supply. INT rose 16.33% in 24 hours.

PA一线
PA一线

PANews reported on July 3 that Jessie Park, a developer relations engineer at Initia, said that Initia revised the pledge inflation parameters through Proposal 42, adjusting the annual inflation rate from 5% of the total supply to 5% of the pledged supply to match the original economic model design.

During this adjustment, approximately 23.35 million USDC-INIT liquidity was unlocked and reallocated to platforms such as Cabal, Echelon and MilkyWay.

In addition, according to Binance market data, INT rose 16.33% in 24 hours and is currently priced at US$0.473.

According to previous news, Initia : 93% of the airdropped tokens have been claimed, and currently about 3.4 million INITs are waiting to be claimed .

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Author: PA一线

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