[Official] Announcement The First FINIX Halving

What is Halving?

Halving is the process in cryptocurrency space including the DeFi platform to used in controlling the generation rate of the cryptocurrency/governance token in reducing the inflation rate according to the market situation.

FINIX First Halving

During the Gliding Period FINIX token’s emission rate reduces to 6 FINIX per block generation, or 2x emission rate. 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 Definix’s ecosystem token, FINIX, to able to sustain its value and in addition to improve the market circulation.

In brief:

Halving — is to reduce the production rate of the FINIX tokens by 50% to sustain their value.

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