Concordium to Update Tokenomics on October 30th

Name: Tokenomics Update
Start: 2024-10-30T00:00:00Z
End: 2024-10-31T00:00:00Z

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Concordium introduces significant changes to its tokenomics effective October 30th. The cool-down period has been reduced to seven days, and the mint rate has been lowered to four percent.

Transaction fees will also decrease, with simple transfers now costing one euro cent. These adjustments are aimed at improving the efficiency and usability of the cryptocurrency.

Event date: October 30, 2024 UTC

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