[Official] Announcement FINIX Entering the Full-Fledge Period
Definix is entering the Full-Fledge Period on halving the FINIX production rate starting 12 April 2021, 09:00 P.M. (GMT +7).
After The First FINIX Halving to The Full-Fledge Period
Halving is a mechanism that plays a big role in the tokenomic which reduces the production rate by half to maintain the inflation rate of the FINIX token. Resulting in the improvement of the price circulation in the market.
In the Gliding Period, the first halving, of FINIX token’s emission rate has reduced to 6 FINIX per block generation, or 2x emission rate. Whilst entering the Full-Fledge Period FINIX will come to its normal production rate which is 3 FINIX per block generation, or 1x emission rate.
It is significant to make halving because it marks another cut in an already diminishing limited supply, boosting the values as they should be and FINIX will not be impacted by the fluctuation of the market.