TRON governance vote targets block reward reduction

The TRON (TRX) Foundation has initiated a governance vote to reduce block and voting rewards, according to a Tronscan web page. If passed, block rewards for super representatives (SRs) will be reduced from 16 TRX to 8 TRX and voting rewards distributed to the top 27 SRs and the next 100 partners will be lowered from 160 TRX to 128 TRX. As a result, TRX’s annual deflation rate is expected to rise from 0.85% to 1.29%, according to Odaily. The vote is open until June 13 at 06:00 UTC.