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In reply to @0lnetwork
0L Network@0lnetwork
7/31/2023

This update is laying the groundwork for our v7, and we're stoked about the enhancements it's set to bring. Crucially, as we transition from the Delay Tower network to the Proof of Fee (PoF) network, the total token supply is going to be 10 billion.

In reply to @0lnetwork
0L Network@0lnetwork
7/31/2023

The supply proposal we're adopting is designed to create a permanently deflationary coin. It's made up of three interconnected parts: halting issuance, rebasing the token, and establishing an Infrastructure Escrow community wallet for validator rewards.