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- 👀 Gate.io Mind Challenge - What is the Correct Answer?
💰 4 lucky users with the correct answers will each win $10 Points!
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📅 Ends at 16:00 PM, April 20 (UTC)
- 🎉 Registration for the $5 Million WCTC S7 Trading Competition is Live!
🎁 Register Now & Claim #Red Packets# for Three Consecutive Days
➡️ Register Here: https://www.gate.io/competition/wctc/s7
🧧 Red Envelope Codes will be Announced on Gate_Post According to the Following Schedule.
🔔 Red Packet Times:
— April 17, 09:00 AM (UTC)
— April 18, 09:00 AM (UTC)
— April 19, 09:00 AM (UTC)
👉 More WCTC S7 Details: https://www.gate.io/announcements/article/44440
Celo has completed the Halving, and the inflation rate in the new Token economic model has dropped to around 1%.
Foresight News reports that Celo has announced the successful completion of the Celo Halving. After the community unanimously approved and executed the CGP-169 proposal, the hard supply cap of the CELO Token in Celo's new token economic model is set at 1 billion coins, and the inflation rate will be reduced from 2% to around 1%. This update also includes adjustments to the validators rewards mechanism and the stake mechanism, with fee distribution also being adjusted, where 10% (-10%) is allocated for carbon offsetting and 90% (+10%) is allocated for network operations.