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Binance Issues Risk Warning on IOTA, Highlights Tokenomics Changes

  • Binance issued a risk warning on the IOTA tokenomics changes and highlighted the potential risks of a price drop.
  • The IOTA Rebased update will shift the network to an object-based design running on MoveVM for advanced programmability and integration of EVM.
  • The circulating and total supply of IOTA tokens is expected to increase under the new protocol with staking rewards, validator incentives, and nominal transaction fees.
  • Binance clarified its neutral stance on IOTA's proposed changes but warned users about the potential price impact.

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