# Instituting Technical Working Group - Flow Token Economics

**URL:** <https://forum.flow.com/t/instituting-technical-working-group-flow-token-economics/4514>\
**Category:** Flow Ecosystem\
**Created:** [March 28, 2023, 3:36pm UTC](https://forum.flow.com/t/instituting-technical-working-group-flow-token-economics/4514 "2023-03-28T15:36:58Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![kshitij.chaudhary](https://avatars.discourse-cdn.com/v4/letter/k/57b2e6/32.png) [@kshitij.chaudhary](https://forum.flow.com/u/kshitij.chaudhary)\
**Post date:** [March 30, 2023, 2:56pm UTC](https://forum.flow.com/t/instituting-technical-working-group-flow-token-economics/4514/3 "2023-03-30T14:56:10Z")

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Thanks @zani. FLIPs to increase transaction fee and storage pricing were recently published to drive improved economics of the FLOW token; have a look - [FLIP 74 - Revisiting Flow Transaction Fee](http://forum.flow.com/t/flip-74-revisiting-flow-transaction-fee/4497) and [FLIP 66 - Revisiting Flow storage minimum account balance](http://forum.flow.com/t/flip-66-revisiting-flow-storage-minimum-account-balance/4241). More recommendations coming soon!

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