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AZERO Community Sets 520M Maximum Supply in Successful Vote

AZERO Community Sets 520M Maximum Supply in Successful Vote

The AZERO community has voted to set the maximum supply at 520 million AZERO. Next, voting on the first-year emission rate begins on September 25th. Use the AZERO Inflation Calculator to explore the potential impacts.

Image of Tanishq BodhTanishq BodhNews

Sep 25, 2024

Image of Tanishq Bodh

Tanishq Bodh

In a major milestone for the AZERO ecosystem, the community has officially voted to set the maximum supply of AZERO at 520 million. This vote marks a crucial step in defining the tokenomics of the network, and it was met with widespread participation from community members, who were instrumental in shaping the future of the platform.

The voting process was part of a larger series of governance proposals aimed at enhancing the sustainability and long-term value of AZERO. With the supply cap now determined, attention shifts to the next critical decision: Proposal 4, which addresses AZERO’s first-year emission rate. Voting on this proposal will commence on Wednesday, September 25th, allowing the community to once again play an active role in determining the network’s future parameters.

To help users visualize the impact of their choices, AZERO has made an Inflation Calculator available. By inputting the new 520M max supply into the calculator, users can see how different emission rate options will affect the ecosystem. This tool is designed to aid voters in making informed decisions as they consider the long-term economic implications for the network.

The AZERO community has been actively involved in governance decisions, demonstrating the strength and engagement of the decentralized ecosystem. The successful vote on the supply cap is a clear indication of the collaborative spirit within the network as it continues to evolve.

For more updates and information on the upcoming Proposal 4 vote, visit the AZERO Inflation Calculator.

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