Chiliz Announces Dragon8 Hard Fork
May 1, 2024
Chiliz, a leading blockchain provider in the sports and entertainment industry, has announced that the “Dragon8” hard fork will be activated on the Chiliz Chain on May 21, 2024. With this update, they will introduce their revamped tokenomics model, version 2.0, which will include a structured annual inflation rate. A key element of this is the transaction fee burning mechanism, designed to provide a balanced incentive structure for both network validators and users to encourage long-term commitment.
