Internet Computer Proposes Burning ICP With 20% of Cloud Engine Revenue
- —20% of Cloud Engine enterprise fees to fund ICP buybacks and burns
- —80% of dedicated subnet revenue to go to node providers
- —Mission 70 proposes 40% node reward cut and minimum subnet size of 7 nodes
- —Current cycle burn rate is about 0.0689 TCYCLES per second versus a 0.77 XDR target
Why it matters: The deflationary impact hinges on actual Cloud Engine revenue, while node reward changes require a governance vote.
Source: TokenPost