2022-09-11 19:45:15
Today, the Cherry Network Technical Council took unilateral action to adjust the economics of our native cryptocurrency CHER in light of recent market events.
Their main objective: reducing new coin emission and restrict supply.
These actions include:
- a reduction of NPoS block rewards
- burning all of the 2,000,000 CHER recurring monthly DAO treasury
- freeze advisory and partnership $CHER disbursements
Read the full notice here: https://blog.cherry.network/cherrynomic-tightening-107069f8d7d1
1.1K viewsSeraphim, 16:45