According to Odaily, the IOST Foundation has announced that the voting deadline for the IOST PayFi+DePIN upgrade governance proposal is set for November 24. Initiated on October 21, this proposal aims to redefine IOST's position within the blockchain sector. Key highlights of the proposal include a comprehensive upgrade of tokenomics, ecosystem investment, and growth targets for 2025.
The proposed upgrade seeks to strengthen IOST's standing in the Web3 payment and infrastructure domains. It focuses on enhancing the utility of IOST tokens and expanding their value across various application scenarios. By leveraging community incentives and robust infrastructure, the initiative aims to foster sustainable development within the ecosystem. The proposal underscores the importance of adapting to the evolving blockchain landscape and positioning IOST as a pivotal player in the industry.