BORA Mainnet Check for BORA 3.0 Update on June 11, 8 AM (KST)
CryptoNewsTerminal Staff06 Jun, 2024
BORA Mainnet Check for BORA 3.0 Update on June 11, 8 AM (KST)
BORA recently announced a scheduled system check for about 26 hours, set to commence at 8 AM (KST) on June 11, via its official channel. This check is in line with the network’s transition to BORA 3.0 and its new deflationary tokenomics. Consequently, both the BORA Portal and Mainnet will be unavailable during this maintenance period. Earlier in April, BORA disclosed its plans to launch BORA 3.0 within the first half of this year. This update eliminates inflation, replaces the network gas token bGAS with BORA, and implements a burn mechanism for BORA utilized as gas.
