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Klaytn Tokenomics Optimization Governance Proposal (KGP-6) Result


  • 26 of 31 GC members participated
  • 100% voted “PASS”

As-Is Tokenomics

  • The total supply of KLAY, including the amount issued during the Token Generation Event (TGE) at the launch of the Klaytn mainnet and the amount generated from block rewards, totals approximately 11 billion KLAY, of which approximately 3.073 billion KLAY is currently in circulation.
  • Current emissions have been reduced to 6.4 KLAY being issued per block, totaling approximately 200 million KLAY annually.
  • Over 75 million KLAY has been burned to date through strategic buybacks and the burning of gas fees.

To-Be Tokenomics (Proposal)

  • The Foundation looks to initially burn and remove 5.28 billion KLAY that has not been used in the last 3 years and 8 months.
  • An additional 2 billion KLAY will be burned and removed from supply in 3 years if no use case is found in collaboration with Klaytn’s Governance Council (GC) and community.
  • The Klaytn Growth Fund (KGF) and Klaytn Improvement Reserve (KIR) will merge and be re-established as the Klaytn Community Fund (KCF), while a new operational fund, the Klaytn Foundation Fund (KFF) will be established.



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