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TON Proposes Optimizing Economics of TON Tokens Through Recycling Supply and Temporarily Freezing Inactive Mining Wallets

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On February 15, TON released a proposal on optimizing the economics of TON tokens on Ton.vote. The proposal aims to reach a community consensus on the recyclin…

TON Proposes Optimizing Economics of TON Tokens Through Recycling Supply and Temporarily Freezing Inactive Mining Wallets

On February 15, TON released a proposal on optimizing the economics of TON tokens on Ton.vote. The proposal aims to reach a community consensus on the recycling supply of TON tokens and temporarily freeze inactive mining wallets for 48 months. These wallets have never been activated and there are no outgoing transfers in their historical records. It is widely speculated that the access rights of these inactive wallets may have been lost, and their existence will greatly increase the uncertainty of network participants. The community voting time is from February 14 to February 21, lasting for 7 days. Then there is online voting, that is, the verifier uses the pledged TON to vote, and the time will be from February 21 to February 24.

TON issued a proposal to optimize the economics of tokens, temporarily freezing inactive mining wallets for 48 months

Interpretation of the news:


Telegram Open Network (TON) recently released a proposal aiming to optimize the economics of TON tokens. The proposal was launched on Ton.vote, a platform that enables community voting on important decisions related to TON. The goal of this proposal is to reach a consensus among the community members regarding the recycling supply of TON tokens and the temporary freeze of inactive mining wallets for a period of 48 months.

The proposal specifically targets those wallets that have never been activated and do not have any outgoing transfers in their historical records. It is widely speculated that the access rights for these inactive wallets are lost or completely forgotten, which can create uncertainty and confusion for network participants. To address this issue, TON proposes temporarily freezing these wallets for a period of 48 months, during which their owners can reclaim their access rights.

The proposal involves a two-step voting process. The first step involves community voting, which started on February 14 and will continue up to February 21. During this period, community members, including token holders and validators, can vote on the proposal using their TON tokens. The second step is online voting, where verifiers will use their pledged TON to vote. This will take place from February 21 to February 24.

The proposal’s success hinges on community consensus and cooperation for it to generate positive outcomes for the network. If accepted, the proposal will help create more transparency and reliability in TON’s economic ecosystem. Recycling the supply of tokens will reduce the risk of centralization, while temporarily freezing the inactive mining wallets will reduce confusion and increase participation among stakeholders.

In conclusion, TON’s latest proposal on optimizing the economics of TON tokens is a significant step in enhancing transparency and reliability in its ecosystem. By creating a platform for community voting and taking measures to reduce the risk of centralization, TON is prioritizing the interests of its stakeholders, thereby making it a more desirable investment destination.

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