The TRON block reward halving proposal has now officially taken effect, with an estimated annual deflation rate of 1.29%.

BlockBeats news, June 13, according to official sources, the TRON block reward halving proposal has now officially come into effect. This proposal suggests reducing block rewards from 16 TRX to 8 TRX and lowering voting rewards from 160 TRX to 128 TRX.

A series of tokenomics proposals implemented on the TRON network have significantly influenced the supply structure of TRX, transitioning it from an inflationary state to a deflationary model. However, recent trends indicate a potential rebound. Specifically, after the total energy limit was increased from August to October 2024, the net supply increase of TRX has shown a gradual upward trend over the past few months, suggesting that inflation may once again be on the rise.

The proposal underwent extensive and in-depth discussions on Github and during multiple core developer community calls before ultimately reaching consensus. In the early days, TRX block rewards effectively incentivized staking and trading activity on the network. However, as the TRON network evolved, the relatively high issuance rate of TRX began to potentially dilute its value and weaken the incentives for long-term staking. This proposal lowers the total reward from the previous 176 TRX to 136 TRX, aiming to achieve an annual deflation rate of approximately 1.29%, better aligning with the current network transaction volume and activity levels.