Viction said in a post on X that a hard fork upgrade is expected on October 15, 2024, after which the total supply of VIC will increase from 100 million to 210 million, which will be distributed over the next 16 years.
The team will add 20 million VIC to the circulating supply on October 15 to support the first round of ecological plans starting in the fourth quarter of 2024. The community will vote on how to use these funds.
The highlights of this upgraded version of the token economics include:
- Masternode incentives;
- Ecological fund for strategic partnerships, research and development, and grants for builders and communities.