ZenIP 42407 Explained: What Will Happen to $ZEN Halving?
ZenIP 42407 introduces a significant change to the $ZEN halving schedule. Instead of the traditional halving events every 4 years, which cut block rewards in half, the new model proposes a smoothly declining emission rate over time.
What Does This Mean?
đ¶For Token Stability
A gradual decline in emissions will reduce market shocks and avoid the sudden drop in rewards helping to maintain long-term token stability.
đ¶For the Horizen Ecosystem
Moving away from abrupt halvings ensures consistent network participation from stakers, making it easier to plan and scale.
đ¶For the Network's Security
The new emission model ensures that Collators and Delegators continue receiving competitive rewards, strengthening network security and decentralization.
This shift offers predictability for both $ZEN holders and the network, promoting long-term sustainability and steady growth. đ
Let us know what you think of this approach in the comments!
Read the full proposal and join the discussion:
