Lawrence Jengar May 24, 2025 23:57 BitTorrent Inc. announces the BTTC 2.0 upgrade, featuring a deflationary tokenomics model and staking APY adjustment to
The BitTorrent Chain (BTTC) is poised for a significant transformation as it prepares to implement the BTTC 2.0 upgrade. This strategic move aims to refine the networks efficiency while reinforcing the value of its native token, BTT, according to BitTorrent Inc.
Deflationary Tokenomics Model
The upgrade introduces a deflationary tokenomics model, which will see a reduction in the total production of BTTC 2.0 tokens starting in early June. This initiative is designed to increase the tokens scarcity, thus bolstering its long-term value and fostering a more sustainable ecosystem.
Staking APY Adjustment
In tandem with the token scarcity measures, BTTC will adjust its staking Annual Percentage Yield (APY) to 6%. This adjustment is reflective of two significant changes:
Community Vigilance and Implementation
The BTTC community remains vigilant in monitoring market conditions to ensure that the staking mechanism stays stable, fair, and responsive to user needs. Detailed information about the APY adjustment and its implementation timeline will be shared in early June through official community channels.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
0.00