Taking Emissions Seriously
Dear Zero Community,
We’ve heard LOUD and CLEAR that the emissions are still too high— and while we can’t decrease emissions until this current liquidity mining sprint ends (20 days) we can offset those emissions by BURNING 5% of the total ZERO supply. We cut emissions by 80% to 700,000 ZERO per pool per month (15,400,000 ZERO in total) — this burn represents burning the entire emissions from the last 40 days plus and then some!
As we start adding more and more utility to the ZERO token, the need for liquidity mining decreases and thus we can decrease emissions further, but in the interim a significant supply burn was in order.
As a result of this burn, the total maximum supply for the ZERO token is now 950,000,000 ZERO. The supply will never exceed this amount.
About 0.Exchange
The 0.Exchange Protocol realigns incentives for network participants by introducing revenue sharing and community driven network effects to the popular AMM model. 0.Exchange prides itself on freezingly low transaction and trading fees, 0 finality, 0 hassle, and 0 frontrunning!
