PANews|Aug 04, 2026 02:30
[NEAR Co-Founder Proposes Establishing a Sovereign Fund to Reduce NEAR Token Inflation]
According to The Block, NEAR co-founder Illia Polosukhin has proposed the establishment of a NEAR Sovereign Fund, aiming to hold and generate returns from the protocol treasury and revenue in the form of NEAR tokens, with a portion allocated to funding security and public goods. The long-term goal is to reduce inflation.
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