Chiliz Chain to Hard Fork Dragon8 on May 21, Introducing Token Economics 2.0

According to BlockBeats, on April 30, Alexandre Dreyfus, CEO of the sports and entertainment public chain Chiliz Chain, said on his social platform that the official date of Chiliz Chain's Dragon8 hard fork is currently scheduled for May 21, when Token Economics 2.0 will be introduced. It is reported that the new economics will set the inflation rate of CHZ at 8.8% in the first year, which will decrease year by year; in addition, the protocol will also introduce a mechanism similar to EIP-1559, and some CHZ tokens used as gas will be directly destroyed.