Firo has determined a new block reward distribution plan, with masternodes accounting for 70%.

Odaily Planet Daily News Privacy Cryptocurrency project Firo has determined a new Token issuance and Block Reward allocation scheme through the community governance process. The new scheme includes three main components:

1. Fixed issuance of 6.25 FIRO per Block until a total of 21.4 million is reached;
2. After the implementation, 1 FIRO/Block's tail issuance;
3. Block reward allocation ratio is main Node 70%, Miner 5%, development team 15%, community 10%. The Firo core team stated that no further changes to the tokenomics will be proposed until the end of issuance to ensure stability. These changes will take effect at Block Height 958655, and the team will soon release an emergency update.