Hertz Network Telegraph no. 0015. Great day Hertzers. Today we got a juicy Telegraph.

11 Jun 2022, 15:22
Hertz Network Telegraph no. 0015 Great day Hertzers!!! Today we got a juicy Telegraph!🀀 First of all, all the gaps you have witnessed in the staking functionality, was due to works we have finished on the staking app.🚧 Another little test period of about a week will be taken with lowered reward rate. In the meantime the HertzBridge has been fully developed!πŸš€πŸš€ It will start its test phase today.πŸ₯· Once it will go live you will be able to crosschain HTZ coins to BEP20 tokens and viceversa, with some other surprising pairs in the future!!🀩 I got also a cryptic spoiler!🀫🀫 Just a name… HertzLuck!πŸ€ But the big new is another… The Hertz Team discussed about a possible big burning of our staking reward wallet!!πŸ”₯πŸ”₯πŸ”₯ This because it could bring more solidity to the coin, making the MC rising naturally. This decision can be easy as you think our scalability passed from 4 to 18 decimals!! The burn will affect only the reserve for staking reward. The decision came on two options: Option A: Current Max supply = 29.5 bil Circulating supply = 8.6 bil Dev fund = 1.5 bil Stake Rewards = 19.4 bil (around 8.5 mil HTZ/day until 2027) Option B: Reduce Supply & Stake Rewards Max supply = 14 bil (burn 15.5 bil HTZ) Circulating supply = 8.6 bil Dev fund = 1.5 bil Stake Rewards = 3.9 bil (around 1.7 mil HTZ/day until 2027) The team voted for the option B. But we wanted to run a poll in the community for the same options. This way we make the community participate to this decision. The next post after this will be the pool!! You are also welcome to state the reason of your vote or to propose new ideas. Good vibes!!🀟 Hertzvoultion!!!πŸ’ͺπŸ’ͺπŸ’ͺ