Firo Finalized Tokenomics Results | Bitcointalksearch.org

FP91G

legendary

Activity: 1834

Merit: 1136

Quote from: 1971ECPT on September 08, 2024, 02:15:25 PM

Another coin that is kicking b**t of the miners.

I hope to have the same "success" like other coins that did the same s**t to the miners.

It's not a big loss. I haven't seen this coin on the list of profitable ones for mining for a long time, but I really don't understand why give miners 5%. It's better to switch to the POS algorithm.

1971ECPT

jr. member

Activity: 53

Merit: 2

Another coin that is kicking b**t of the miners.

I hope to have the same "success" like other coins that did the same s**t to the miners.

safar1980

legendary

Activity: 1708

Merit: 1615

Payment Gateway Allows Recurring Payments

Through Firo’s governance process, Firo’s emission and block reward division has been finalized! A huge thank you to everyone who voted and shared their thoughts and feedback.

Through several rounds of polls, the community has decided on the implementation of three things to Firo’s tokenomics:

A fixed emission of 6.25 FIRO/block until the cap of 21.4 million FIRO is hit
A tail emission of 1 FIRO/block thereafter
A block reward division of 70% Masternodes, 5% Miners, 15% Dev, 10% Community
For a more accurate reflection of community sentiment, we employed a system known as ranked-choice voting or instant run-off. This system allowed voters to select multiple choices and then rank them in order of preference, ensuring that the final decision better represents the community’s preferences.

On September 28, the miners' reward will decrease by 5 times from 1.56 to 0.31 Firo

Topic: Firo Finalized Tokenomics Results (Read 72 times)