$NEAR is about to burn every execution fee its network collects.
Smart contract owners currently get 30% of the execution gas their contracts generate, and the other 70% is burned.
The nearcore 2.14 upgrade, targeted for around October 5, sets that rebate to zero.
Users pay the same gas, and more activity now means more $NEAR removed from supply.
HUGE.
- by AltcoinBuzz
Smart contract owners currently get 30% of the execution gas their contracts generate, and the other 70% is burned.
The nearcore 2.14 upgrade, targeted for around October 5, sets that rebate to zero.
Users pay the same gas, and more activity now means more $NEAR removed from supply.
HUGE.
- by AltcoinBuzz
