Odaily Planet Daily News: The governance page shows that the Layer1 blockchain Evmos Core team proposed a new token destruction mechanism and released a related draft. The main contents are as follows: 1. According to the announcement that support for the Cosmos transaction format will be gradually discontinued (planned to be fully deprecated by the third quarter of 2024), all Cosmos transaction fees during the transition period will be destroyed; 2. Introduce the EIP-1559 BaseFee destruction mechanism for unregistered contracts; 3. About 132.3 million EVMOS tokens were destroyed from the incentive pool account (the second largest account) and removed from circulation; 4. Abandon the incentive module to reduce blockchain storage; 5. The allocation to the incentive pool account (currently 33.3%) is set to zero (0%) to prevent further hoarding of tokens, and the percentage corresponding to the incentives will be added to the community pool; 6. Reduce token issuance (inflation) by 1/3, from about 26.7% to about 17.8%, because it is no longer necessary to allocate tokens for usage incentives. The draft will be submitted one week after being published on the community forum, and the final proposal will take into account feedback from the community and be published on-chain; the changes will be applied to the Evmos mainnet in the next version (before EOY).