Governance Transaction Notice - April 30, 2025

Governance Transaction Notice - April 30, 2025

Background

In keeping with the projected tokenomics schedule regarding total supply, the Foundation has executed the following transaction to enable mint = burn, and to adjust the RTTM values to match. Full details of the economic parameters can be found here:

Off-chain burn numbers will be tallied weekly and invoiced until the Shannon mainnet migration is complete, with the first burn occurring May 7th.

As always, a special thanks to Ramiro for thinking through how to approach these changes.


Parameter Changes

pos/RelaysToTokensMultiplier

  • Validated on Block: 167074
  • Tx Hash: F8EB688D492A2021EE3E03CCD9648B034A85B40B2EED32F0B745F186E973A4C7
  • Old Value: 190
  • New Value: 36

pos/RelaysToTokensMultiplierMap

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