PANews reported on November 21 that according to official news, the voting deadline for the IOST PayFi+DePIN upgrade governance proposal initiated by the IOST Foundation on October 21 is November 24. The proposal aims to innovate IOST's position in the blockchain field. The IOST Foundation calls on all community members to actively participate in the voting.

The highlights of this proposal include a comprehensive upgrade of token economics, ecosystem investment and growth targets for 2025. This upgrade aims to: consolidate IOST’s position in Web3 payment and infrastructure, enhance the practicality of IOST tokens, expand its value in multiple application scenarios, and promote the sustainable development of the ecosystem through community incentives and improved infrastructure.