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IoTeX releases 2.0 white paper to expand the utility of IOTX.

Sep 12, 2024 00:30:50

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ChainCatcher news, the DePIN project IoTeX has released the IoTeX 2.0 white paper, which details the composable modules, unified trust layer, and new token economics, with plans to onboard 100 million devices and unlock trillions of dollars in value over the next 3-5 years.

The token economics of IoTeX 2.0 will expand the utility of IOTX, rewarding stakeholders based on their contributions, balancing inflationary staking rewards with usage-based deflationary burns, while incentivizing DePIN dApps and L2 to leverage its modular infrastructure.

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