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AZERO Economy Vote Phase 2 Successfully Concludes: Supply Cap and Inflation Reduction Approved

AZERO Economy Vote Phase 2 Successfully Concludes: Supply Cap and Inflation Reduction Approved

AZERO concludes Phase 2 of its Economy Vote, approving a supply cap and reduced inflation. Stay updated on the next vote and detailed proposals on AZERO’s official website.

Image of Tanishq BodhTanishq BodhNews

Sep 12, 2024

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Tanishq Bodh

The second phase of the AZERO Economy Vote has officially concluded, marking a pivotal moment for the AZERO token’s future. With overwhelming support for the AIP02 proposal, the AZERO community has approved two key measures: the introduction of a maximum supply cap for the token and an exponential reduction in its inflation rate.

As part of the next steps, the community will soon participate in another vote to determine the precise parameters for both the supply cap and the inflation rate. This voting process will begin on Monday. To help voters make an informed decision, the AZERO team is preparing detailed explanations and visualizations, highlighting the practical impacts of various parameter options.

This decision is set to have a profound influence on the ecosystem, potentially driving long-term value and stability. For ongoing updates and more details about the upcoming vote, visit AZERO’s official website.

Stay tuned for in-depth insights into these proposals and their anticipated effects on the token’s future.

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