PANews
PANews|11月 04, 2026 23:23
[Treasure Proposes Issuing Up to 173 Million MAGIC for Network Transformation] Treasure posted on the X platform that its TIP-63 proposal is now open for community discussion. The proposal suggests establishing a Strategic Growth Fund (SGF) of up to 173 million MAGIC, along with a continuous staking and emission program to drive the launch of the Treasure DePIN network. If all issuances are made, the total supply of MAGIC will increase from approximately 348 million to approximately 521 million, an increase of 49.76% (excluding staking and emission). If the proposal is approved, the first batch of 100 million MAGIC will be minted to the Treasure Foundation on February 3, 2027, with the remaining 73 million to be minted only upon achieving specific network milestones.
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