According to Foresight News, the decentralized trading platform DODO community has approved a proposal to suspend the release of vDODO rewards in the vDODO staking pool. The proposal aims to alleviate inflation and enhance long-term stability by reducing the annual inflation rate by approximately 3.1%. The suspension of vDODO rewards will not affect the 15% buyback of DODO trading fees and distribution to vDODO holders.
DODO will implement the cancellation of vDODO redemption fees on November 8 at 13:00 and suspend the release of vDODO rewards on January 1, 2024, at 13:00.