TRON Nile Testnet Proposes TRX Rewards Reduction to Enhance Deflation and Sustainability

On May 8th, COINOTAG reported that the TRON Nile Testnet successfully approved Proposal #19794 at 11:40 AM. This initiative entails a significant adjustment in the block reward for TRX, decreasing it from 16 TRX to 11 TRX, and a reduction in the voting reward from 160 TRX to 128 TRX. These changes aim to enhance TRX’s deflationary dynamics, thus refining the economic framework of the TRON network for more sustainable growth. It is crucial to note that this regulatory adjustment applies exclusively to the Nile Testnet. The implementation of similar changes on the mainnet will depend on community consensus. Currently, discussions are taking place on GitHub regarding the potential mainnet TRX reduction, inviting community members to engage in the governance process and influence future decision-making.