IOST has announced that the Brand Reimagination Proposal has been approved, and the total token supply will double to 42.64 billion.

BlockBeats News, January 15th, according to official sources, IOST announced that the Brand Rebuilding Proposal has been approved. After implementing this plan, the total supply will increase from the initial 21.32 billion IOST to the final 42.64 billion IOST over a period of 60 months. 97% of the new supply will be allocated to the community.

The circulating supply will be updated to reflect that one month after the Brand Rebuilding is completed, the circulating supply will increase by 474,073,888 IOST (2.22%).

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