Viction Announces Hard Fork Upgrade And Increased Token Supply

According to Odaily, Viction has announced plans for a hard fork upgrade scheduled for October 15, 2024. This upgrade will result in an increase in the total supply of VIC tokens from 100 million to 210 million, to be distributed over the next 16 years. On the same date, the team will add 20 million VIC tokens to the circulating supply to support the first round of the ecosystem plan starting in the fourth quarter of 2024. The community will vote on how to utilize these funds. The upgraded tokenomics will focus on several key areas, including masternode incentives and an ecosystem fund. This fund will be used for strategic partnerships, research and development, and providing grants to builders and the community.