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Recently, the Key ecosystem has welcomed a series of significant updates and plans, attracting widespread attention from the community. First of all, Key has officially entered the halving phase, with daily Mining output reduced to 0.3. This move is expected to enhance the scarcity of Key.
At the same time, the Key ecosystem has also launched a series of incentive measures. Long-term stakers will receive special rights, including the opportunity to participate in exclusive community events. In addition, users who stake Key will also have the chance to receive airdrop rewards of other tokens, which are expected to take place around mid-August.
In terms of token economics, Key plans to implement a large-scale buyback and burn program. The first round will buy back and burn 500,000 Key on August 6, with a total planned buyback and burn of 1 million within the quarter. This initiative is expected to have a positive impact on the market value of Key.
It is worth mentioning that the Key ecosystem will also launch multiple new features. On August 20, a chat room similar to mainstream social platforms will go live, promising to provide users with a space for free communication. In the future, Key also plans to venture into the NFT field and launch a mall function, further enriching its ecosystem.
These measures reflect the Key team's planning and confidence in the long-term development of the ecosystem. However, specific implementation details and timelines may be subject to adjustments, and community members are advised to closely follow official announcements for the latest information.