Clayton (CLAY) is an open decentralized business network, a system token used for decentralized applications, entertainment, Internet content, payment transactions, computer games. The following features and advantages of the token can be distinguished: high transaction speed, subsidized transaction costs, flexible scalability.

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On February 22nd, the Klaytn team submitted a governance proposal to the Klaytn Governance Council (GC) recommending the optimization of KLAY tokenomics, with the aim of securing a more sustainable and verifiable token economy,

Klaytn Foundation | Klaytn Tokenomics Optimization Governance Proposal (KGP-6) Result

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🗳 KGP-6 Vote Result: PASS ✅️

26 out of 31 GC members voted YES 👍

Upcoming initiatives to coincide with the Kore hardfork in early Q2:
1️⃣ 5.281B $KLAY initial burn 🔥
2️⃣ KGF & KIR  to become ➡️ Community Fund (KCF) & Foundation Fund (KFF)

Read more: 
https://klaytn.foundation/1q23-gc-vote-result/

KGP-6 Vote Result: PASS ️. 26 out of 31 GC members voted YES.