Important Points About $KLAY and $FNSA Merge!
Here are some of the important takeaways of the $KLAY and $FNSA Merge:
1. The merge proposal between Klaytn and Finschia has been approved by the governance members, paving the way for the integration of the two networks.
2. The combined network boasts around 420 decentralized applications (dApps) and over 45 governance members.
3. The merge will create Asia's largest Web3 ecosystem with a unified mainnet.
4. The integrated blockchain will combine Ethereum (EVM) and Cosmos (CosmWasm) technologies for high compatibility and performance.
5. The new integrated token (PDT) will be issued, and holders of KLAY and FNSA will be able to claim it.
Approximately 22.9% of the total supply will be burned, and the uncirculated supply will be permanently removed.
6. The inflation rate will be reduced to 5.2%, and a new 3-Layer burning model will be introduced to sustain growth.
7. The expansion of participating entities and the enhancement of community delegation functions will maximize decentralization.
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