🚀 StaFi Protocol Activates FIS Token Burn Mechanism
#StaFiProtocol #FISToken #TokenBurn #StaFiChain #Cryptocurrency #Blockchain #InflationReduction
According to BlockBeats, on September 25, StaFi Protocol announced on social media that the FIS token burn mechanism has been activated and deployed on the StaFi Chain. The announcement stated that a certain amount of FIS tokens will be burned every 30 days, with regular updates provided.
Additionally, StaFi Protocol is preparing a series of proposals aimed at increasing the amount of $FIS burned and further reducing inflation.#StaFiProtocol #FISToken #TokenBurn #StaFiChain #Cryptocurrency #Blockchain #InflationReduction
🚀 Fed's Daly Highlights Economic Progress and Inflation Reduction
#Fed #Daly #EconomicProgress #InflationReduction #LaborMarket #MonetaryPolicy #SoftLanding #EconomicStability
According to Odaily, Federal Reserve's Daly has stated that the economy is evidently in a better state. Inflation has significantly decreased, and the labor market has returned to a more sustainable trajectory. The risks to our goals are now balanced, which marks a notable improvement compared to two years ago. For Daly, being data-dependent does not mean reacting to data but rather looking ahead and predicting how the economy will develop as information comes in. She believes this approach represents the optimal and moderate monetary policy. The work to achieve a soft landing is not yet fully completed, but there is a determination to finish this task. However, this is not the entirety of their pursuit. Ultimately, the goal is to build a world where people no longer worry about inflation or the economy. This is Daly's understanding of victory.#Fed #Daly #EconomicProgress #InflationReduction #LaborMarket #MonetaryPolicy #SoftLanding #EconomicStability
🚀 Solana's Upgrade Proposal Receives Overwhelming Support
#Solana #SIMD228 #upgrade #cryptocurrency #SOL #inflationreduction #blockchain
According to Odaily, Solana's SIMD-228 upgrade proposal has successfully reached quorum with 71.85% of votes in favor. This proposal aims to reduce the SOL inflation rate by 80%. The voting process will continue until the end of epoch-755, and the proposal has already been approved.#Solana #SIMD228 #upgrade #cryptocurrency #SOL #inflationreduction #blockchain
🚀 Solana Inflation Reduction Proposal Gains Consensus at 2025 Conference
#Solana #InflationReduction #SIMD228 #2025Conference #MarinadeDAO #StepFinance #KilnFinance #TokenEconomics #ValidatorIncentives #SOL
According to Odaily, during the 2025 Solana Crossroads Conference, panelists reached a consensus on the future reintroduction of the SIMD-228 proposal, which aims to reduce Solana's inflation rate by up to 80%. The proposal is expected to be presented in a revised form and is likely to pass. Participants in the discussion included representatives from Marinade DAO, Step Finance, and Kiln Finance, who explored the potential impacts of the proposal on Solana's token economic model and validator incentive mechanisms.#Solana #InflationReduction #SIMD228 #2025Conference #MarinadeDAO #StepFinance #KilnFinance #TokenEconomics #ValidatorIncentives #SOL
🚀 Federal Reserve's Goolsbee Emphasizes Inflation Reduction as Key Objective
#FederalReserve #InflationReduction #InterestRates #Goolsbee #EconomicPolicy #Inflation
According to PANews, Federal Reserve official Goolsbee stated that reducing inflation to 2% remains the most important goal. He noted that there is significant room for interest rates to decrease, but emphasized the need for strong evidence of declining inflation.#FederalReserve #InflationReduction #InterestRates #Goolsbee #EconomicPolicy #Inflation
🚀 Fed Governor Milan: Policy Should Not Be Based on Short-Term Conflict Factors
#FedGovernor #FederalReserve #Policy #MiddleEastConflict #OilPrices #Inflation #EconomicGrowth #LaborMarket #InterestRate #RateCut #EconomicUncertainty #InflationReduction #Milan
Federal Reserve Governor Milan stated that the central bank should not formulate policies based on short-term factors related to conflicts involving the United States and Israel in Iran. According to Jin10, Milan emphasized the importance of gathering all relevant information before altering their perspective. He noted that it is premature to have a clear understanding of the situation over the next 12 months.
The conflict in the Middle East has led to a significant rise in oil prices, which could exert upward pressure on inflation and negatively impact economic growth and the labor market. Last week, the Federal Reserve decided to keep the benchmark interest rate unchanged for the second consecutive time. Policymakers acknowledged the increased economic uncertainty due to the escalating war situation, and Fed Chair Powell highlighted the need for more progress in reducing inflation.
Milan opposed this decision, favoring a 25 basis point rate cut. However, he conceded that if oil prices remain high, they could gradually affect other goods and services. Despite this, Milan maintained his pre-war expectation of four rate cuts this year.#FedGovernor #FederalReserve #Policy #MiddleEastConflict #OilPrices #Inflation #EconomicGrowth #LaborMarket #InterestRate #RateCut #EconomicUncertainty #InflationReduction #Milan