KLAY is on 100% rise after developers decided to act on volatility on market with block reward reduction
currently seen in the macro-market. If the vote passes, the reward per block would stay at 6.4 KLAY instead of the existing 9.6 KLAY.Despite the results of voting dropping only on the 25th, most ecosystem participants believe that rewards per block will be reduced.
Since the total emission of KLAY is dropping, investors are actively increasing their holdings while being afraid of a supply shock that remains a possibility.Klaytn is an entertainment-focused blockchain that is part of the metaverse, GameFi and creator industry. It was officially launched back in June 2019 and focused on the South Korean market while undergoing global business expansion.
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