The Ontology community passed a proposal to adjust the ONG token economy, reducing the total supply to 800 million tokens and permanently locking up 100 million tokens of value.

PANews reported on November 12th that, according to Chainwire, the Ontology community has officially passed a proposal to adjust the ONG token economic model, with a vote of 117 million in favor and zero against. The proposal reduces the total supply of ONG from 1 billion to 800 million and permanently locks up 100 million ONG equivalent in ONT-ONG assets to enhance liquidity and reduce circulating supply.

Founder Li Jun stated that this adjustment will establish a predictable release mechanism and a long-term sustainable path for ONG, incentivizing ONT staking and promoting ecosystem growth. The update will officially take effect on December 1, 2025, along with the Ontology mainnet v3.0.0 upgrade.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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