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TON Blockchain Community Approves Economic Model Optimization Proposal

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It is reported that the TON economic model optimization proposal of the TON blockchain community has been approved. The proposal aims to reach a community cons…

TON Blockchain Community Approves Economic Model Optimization Proposal

It is reported that the TON economic model optimization proposal of the TON blockchain community has been approved. The proposal aims to reach a community consensus on the recycling supply of TON and temporarily freeze inactive mining wallets for 48 months. These wallets have never been activated and there are no outgoing transfers in their historical records.

The TON community has temporarily frozen more than 1 billion tokens of inactive mining wallets, which still needs verifiers to vote

Interpretation of the news:


The TON blockchain community has recently approved a proposal to optimize its economic model. The proposal mainly focuses on recycling the TON supply and temporarily freezing inactive mining wallets. The aim of this proposal is to reach a community consensus to ensure the stability and sustainability of the TON ecosystem.

The proposal highlights the importance of recycling unused TON tokens. It plans to recycle tokens that have never been activated and those with no outgoing transfers in historical records. These tokens will be returned to the TON Reserve, ensuring that they can be used more effectively in the future.

In addition, the proposal suggests a temporary freeze on inactive mining wallets for 48 months. These wallets will be temporarily blocked from making any transactions, and after the freeze period, they will be reactivated. This move aims to address the issue of large amounts of tokens being held by inactive accounts, which can lead to a loss of value and trust in the system.

The TON community has always been striving to improve its economic model, and this proposal demonstrates its commitment to creating a sustainable ecosystem for its users. It is expected to promote the long-term growth of the platform, providing a more valuable experience for all stakeholders.

It is worth noting that TON’s economic model is unique in the blockchain industry, as it has a unique approach to token distribution through a combination of mining and staking. This model is designed to ensure that tokens are distributed fairly among users, mitigating the risk of centralization and excessive concentration of coins.

In conclusion, the TON blockchain community’s approval of the economic model optimization proposal is a significant step towards the sustainability and growth of the platform. The recycling of unused tokens and freezing of inactive wallets are vital measures in promoting a healthy and balanced token distribution system. By implementing these changes, TON is well-positioned to remain competitive in the blockchain industry and fulfill its promises to users, developers, and investors.

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