🚀Firo community governance new plan is out! 🚀

The privacy cryptocurrency project Firo has determined a new token issuance and block reward distribution plan through the community governance process. The highlights of the new plan are as follows:

1️⃣ A fixed issuance of 6.25 FIRO per block until the total amount reaches 21.4 million;

2️⃣ After reaching the total amount, a tail issuance of 1 FIRO per block will be implemented;

3️⃣ Block reward distribution: 70% for master nodes, 5% for miners, 15% for the development team, and 10% for the community.

The Firo team stated that no changes to the token economics will be proposed before the tail issuance is reached to ensure stability. These changes will take effect at block height 958655, and emergency updates will be released soon.

What do you think of this new plan? Welcome to discuss in the comments section! 💬