HAQQ Staking Economy Update
In a stride towards refining the #ISLM staking economy, significant updates have been incorporated into the HAQQ Network's whitepaper. The removal of the previous 100-year limit for ISLM minting demonstrates the commitment to adaptability and responsiveness to market dynamics. The decision to revamp token inflation aligns with industry practices, allowing for adjustments based on market performance, particularly in bearish conditions. Despite these changes, ISLM's supply remains capped at 100 billion coins, with an initial annual inflation rate set at 7.78%. Governance empowers the community to modulate token inflation and staking incentives based on diverse factors.
Staking Economy Audit
A meticulous audit of the Staking Economy on the #HaqqNetwork is reaching its culmination. The finalized module has been implemented, and security partner, Halborn, is diligently conducting the security audit. Upon completion, the audit outcomes will be presented as a governance proposal, a crucial step towards fortifying the tokenomics in line with the HAQQ Network's ethical finance mission. HAQQ anticipate the audit to be concluded and proposed within the upcoming week.
Upcoming Governance Proposal
As HAQQ prepare to submit the governance proposal on token inflation, slated for the following week, HAQQ invite you to actively participate in the voting process. Your valuable insights will contribute to the refinement of the HAQQ Network's ecosystem and uphold the commitment to ethical finance.
Regulatory Disclosures
The updated whitepaper will feature comprehensive regulatory information, underscoring the HAQQ Network's unwavering dedication to the highest compliance standards and adherence to relevant regulations.
Dive into the details of the whitepaper update at https://haqq.network/wp. Let's collectively shape the future of ethical finance in the digital age. Stay tuned for further updates!
