PANews|5月 18, 2026 02:18
[ALEX Proposes Three Structural Adjustments to Shift Token Model to Deflationary Mode, Proposal Voting Now Open]
The ALEX Lab Foundation has submitted governance proposal AGP-8, planning structural adjustments to the ALEX protocol. These include halting ALEX community token emissions, closing the Treasury Grant Program (TGP), and introducing a protocol-driven token buyback and burn mechanism. Currently, the circulating supply of ALEX is approximately 973 million tokens, nearing the 1 billion cap. If the proposal passes, the next 32 cycles will mark the final ALEX emission period, after which no new tokens will be emitted. Approximately 1.568 million unclaimed STX tokens remain in the TGP 2024 treasury. After a 30-day grace period, the ALEX Lab Foundation will use these funds to buy back and burn ALEX tokens at market price. In the future, protocol revenues exceeding operational costs will also be used for ongoing buybacks and burns. This proposal signifies ALEX's transition from an inflationary model to a deflationary model.
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