Post
Topic
Board Announcements (Altcoins)
Re: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated
by
5ensei
on 19/07/2020, 10:54:20 UTC
NEO GAS is going to get dumped! Neo 3.0 will change it to Unlimited supply, and it will release 10 million GAS per year!

https://github.com/neo-project/neo/issues/1617

Quote
Neo has two native tokens, NEO and GAS.

NEO, with a total of 100 million tokens, represents the right to manage the network. Management rights include voting for consensus nodes and the committee, and so on.

GAS is the fuel token with no upper limit, which is used to control resources when using NEO network. Each block will issue additional GAS in order to incentivize NEO holders and users who contribute to the system, making the system sustainable autonomy. The additional issuance of each block can be adjusted by the committee. Initially, each block issues 5 GAS, that is, about 10 million GAS are released each year.

Don't say you weren't warned when the GAS price completely tanks