StaFi Protocol Launches “100% Destruction of FIS Tokens to Treasury Addresses” Proposal
Bitget2024/08/22 11:53
The StaFi Protocol, a liquidity pledge protocol, has launched a FIS token destruction proposal that proposes to destroy 100% of the inflationary FIS every 30 days, which would flow to a treasury address. This action is intended to reduce the FIS inflation rate from 10 percent to around 6 percent, thus transforming the token into a deflationary model.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Michael Saylor: Bitcoin has no tariffs
Bitget•2025/04/03 12:50
Brazil's largest bank, Itaú Unibanco, is considering issuing a stablecoin
Bitget•2025/04/03 12:47
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$81,835
-3.65%
Ethereum
ETH
$1,759.89
-5.72%
Tether USDt
USDT
$0.9996
-0.03%
XRP
XRP
$1.98
-6.49%
BNB
BNB
$586.34
-2.35%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$113.25
-10.15%
Dogecoin
DOGE
$0.1573
-8.33%
TRON
TRX
$0.2309
-2.73%
Cardano
ADA
$0.6216
-9.04%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now