IoTeX has released a new version of the white paper 2.0, and has initiated a major strategic upgrade from the Layer 1 public chain to the "DePIN modular open ecosystem". In this upgrade, IoTeX will construct off-chain computing and verification, hardware identity recognition and other functions into modules and public infrastructure that can be flexibly used by projects, enabling DePIN's lightweight construction, cross-ecological collaboration, DePIN Layer 2 and other architectures to be realized, providing infrastructure support for the large-scale adoption of DePIN.
In terms of the economic system, IoTeX 2.0 enhances the practicality of its tokens and introduces a deflation mechanism similar to EIP-1559, while using reasonable inflation to incentivize ecological growth and promote nodes to maintain stable network operation. IoTeX said that with the superposition of the MSP re-staking mechanism, the basic APR within the ecosystem may reach 20%. With the launch of the 2.0 strategy, IoTeX will launch large-scale ecological incentives and promote ecological accelerators to encourage DePIN projects and users to join. https://iotex.io/2.0
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