74 Million $FIO Tokens Staked: Domain Ownership Extended to 50 Years

In August, the FIO Protocol partnered with BigWater to connect Web3 identity with climate action. This collaboration led to a milestone of over 74 million $FIO tokens staked, demonstrating community engagement and commitment to security, governance, and rewards. This significant step towards achieving 100 million staked tokens strengthens the decentralized network and gives token holders a voice in shaping the future of Web3 identity. The FIP-51 proposal introduced a generational update for FIO Domains: reduced renewal fees from $40 to minimal costs. This allows domain ownership for up to 50 years at minimal cost, transforming it from an ongoing expense into a one-time investment. Each FIO Domain is secured as an NFT, offering control over its transfer and customization, making it a legacy asset to be passed down for decades.