AirDAO has passed the token economics upgrade proposal vote and will upgrade in three stages

AirDAO, the decentralized autonomous organization that manages the Layer 1 network Ambrosius, has passed the vote on the proposal to upgrade the token economics. About 100 million AMBs participated in the vote, and more than 87 million AMBs were in favor of the token economics upgrade proposal. Next, the first phase will start in March 2023, and the upgrade of verification nodes will begin. AirDAO will implement a network entry and exit delay of 250,000 block epochs (about 15 days) to maintain network stability. At the same time, the AirDAO development team will To prepare smart contracts for future updates, AirDAO's multi-signature will also be upgraded based on the updated token economics; the second phase of the upgrade is planned to start in June 2023, AirDAO will implement elastic block rewards, and the new fee structure will also be implemented. It will be implemented in the second phase; the third phase implementation is planned for mid-October 2023, users will be able to lock their AMB and get votes in the form of veAMB tokens, which will be used to participate in AirDAO governance.