← Back to News
Article • about 2 years ago

Meson Project Introduces Tokenomics-Beta1 on Testnet

Meson
Meson Project Introduces Tokenomics-Beta1 on Testnet
Summary
  • The Meson Project aims to improve the pricing of services on the Ethereum network by addressing design issues in the token model.
  • Users have the option to pay for services using different tokens, but paying with Meson native tokens offers a discount.
  • The project uses a Burn & Mint mechanism to convert fees into Meson Tokens, which are destroyed to generate Meson Credit. Tips paid by users are directly given to service hosting nodes, encouraging better service quality.

Source: https://blog.meson.network/blog/2022-12-07-Tokenomics-Beta1

📣 Related news

Loading news...

💼 DePIN Hub Newsletter

We bring you real world use cases of web3 through DePIN. And btw, you can generate passive income along the way!