Zilliqa Cuts Miner Rewards by 50% for Three Months 🚀
- On October 14, the Zilliqa (ZIL) team announced that a proposal to cut miner rewards had passed a community vote.
- As part of the transition to Zilliqa 2.0, the network will be fully transitioning to Proof-of-Stake (PoS).
- Miners will receive 22.25% of rewards in October, 20% in November, and 12.5% in December.
- The price of ZIL rose by 8%, but then fell to $0.01546.