PANews reported on April 30 that Chiliz Chain CEO Alexandre Dreyfus posted on the X platform that Chiliz Chain (mainnet) will undergo a hard fork in May and launch CHZ Token Economics 2.0. The specific launch date will be announced soon. Yesterday, Chiliz announced that its sports and entertainment public chain has launched the Dragon8 hard fork on the Spicy testnet. Dreyfus said that after the test is completed, a governance vote will be held to decide whether to deploy this hard fork on the mainnet.
Previously, in the Token Economics 2.0 version released by Chiliz in February, it was mentioned that the inflation rate of CHZ will drop from 8.8% to 1.88% year by year and remain stable after 14 years. Chiliz Chain will also implement the EIP-1559 transaction fee destruction mechanism, and most of the accumulated gas fees will be destroyed.
