Breaking news:
Solayer Labs has posted an exciting announcement on platform X regarding the activation of the first model for community governance, where it proposed the first amendment to the annual inflation rate of the governance token $LAYER, which is expected to start at 8% annually and gradually decrease by 15% annually until it stabilizes at 2% by the tenth year, according to recent sources and reports.
This development comes with the approach of InfiniSVM towards its official launch on the mainnet, marking a turning point in the history of Solayer. Voting on the proposal will end in a few days, and it is likely to be approved, but the actual implementation of inflation will only begin after the mainnet is launched and the staking feature is activated.
Why is this event important?
Activating distributed governance: This step means that $LAYER is no longer just a facade token, but has become an actual means for the community to steer the future of the project and reward participants through a transparent mechanism.
Incentive for staking and participation: The initial attractive inflation offer can build momentum to join the network, while decreasing inflationary pressures work to enhance the sustainability of value in the long term.
Technical and developmental momentum: This step comes at a time coinciding with strong pushes in technical development for InfiniSVM, which will enhance confidence and attract the attention of institutions and developers.
Conclusion:
Activating the voting mechanism for the $LAYER contract represents a milestone in the history of Solayer, not only because it establishes true governance, but also because it paves the way for organized and directed growth of the project. Stay tuned for the voting results and their impact on activity within the network and on the token price.
✨ Don’t miss the moment: Join the conversation now via @solayer_labs, and be part of the transformation using #BuiltonSolayer and $LAYER!
