Celebrating One Year of PIVX Rewards Increase.

Celebrating One Year of PIVX Rewards Increase: A Gateway to Promising Opportunities

As we commemorate the one-year anniversary of PIVX’s rewards increase, it is a moment of celebration and reflection on the positive impact this decision has had on the PIVX ecosystem. On January 22, 2023, coinciding with block 3715200, PIVX embraced the version 5.5.0 upgrade, marking a significant milestone in its financial structure. This upgrade brought forth remarkable changes, including increased payments to the treasury, staking and Masternode rewards, setting the stage for further growth, innovation, and community engagement.

Expanding Opportunities and Strengthening the Network:
With the rewards increase, maximum treasury payments soared to 10 PIV per block. This surge in funding allows for greater support for listings, use cases, development, marketing, and essential initiatives within the PIVX community. Simultaneously, staking rewards doubled to 4 PIV per block, providing an incentive for more PIVX holders to actively participate in securing the network. Doubling of Masternode payments to 6 PIV per block further encourages the growth of Masternodes, enabling them to vote on treasury expenditures and contribute to future PIVX applications. These advancements not only strengthen the PIVX network but also open doors to exciting opportunities for growth and development.

Conclusion:
As we celebrate the one-year anniversary of the PIVX rewards increase, we acknowledge the positive impact it has had on the project’s financial structure. The rewards increase is succeeding in enhancing funding, stimulating proposal submissions, expanding use cases, and attracting more listings for PIVX. It has played a vital role in supporting various initiatives and contributing to the growth and opportunities of the project.