WEMIX has officially announced the implementation of a new KLEVA token economics starting from Klaytn block number 143750458. Now, the number of KLEVA tokens minted per block will be reduced by 10%, with 0.9 tokens minted per block. Afterward, there will be a continued monthly reduction of 10%, with the next reduction plan starting from Klaytn block number 146378458 (around February 20, 2024). WEMIX reminds users to pay attention to the changes, as the reduction in token minting will lead to a decrease in the number of KLEVA tokens allocated to the service, thereby affecting the profits of lending/collateral and leverage yield mining.
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WEMIX announces the launch of new token economics: the number of KLEVA tokens minted per block will be reduced by 10%
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