The Ontology community has approved a proposal to adjust the ONG tokenomics model, reducing the total supply from 1 billion to 800 million ONG. This decision, made through an on-chain vote, involves burning 200 million ONG and permanently locking assets worth 100 million ONG in a liquidity pool. The adjustment also extends the release period to 19 years, maintaining a release rate of 1 ONG per second. Additionally, 80% of the inflation will be allocated for ONT staking incentives, with the remainder supporting ecosystem liquidity. The proposal will take effect with the mainnet v3.0.0 upgrade on December 1.