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Lamiyajahan
@lamiyajahan515
Against the backdrop of the announcement, the rates of native tokens EOS and ALGO decreased by 2.6% and 2.9%, respectively. At the end of May, the EOS community supported reducing the total supply of native tokens by 80%. The change in tokenomics is intended to stimulate network activity. Late last year, block explorer AlgoExplorer announced its closure. The team cited a lack of funding from the NGO Algo Foundation and the inability to cover operating costs even with the investment of personal funds.
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