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.
