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ETH $1,881.20 +0.12%
BNB $607.37 -0.01%
XRP $1.00 +0.34%
SOL $75.28 -0.04%
TRX $0.3310 -0.44%
DOGE $0.0695 -0.63%
ADA $0.1760 -2.09%
BCH $203.40 -0.56%
LINK $9.47 +5.40%
HYPE $56.87 +0.83%
AAVE $86.13 -0.13%
SUI $0.6768 -0.70%
XLM $0.1578 +0.02%
ZEC $487.04 -1.18%

Gavin Wood: Does not intend to issue new tokens based on the JAM protocol

2025-06-06 22:46:05

ChainCatcher news, Polkadot founder Gavin Wood responded on the Polkadot forum regarding the issuance of the JAM Token. He stated: "I personally do not intend to issue a new token based on the JAM protocol, nor do I think it would be wise for Parity and the Web3 Foundation to issue such a token; of course, the leadership of these organizations can decide for themselves. I generally oppose actions that I believe do not bring actual net benefits to Polkadot, but I will continue to explore ideas that may bring long-term value to Polkadot. Sometimes this involves new tokens, but these tokens are usually symbiotic with DOT rather than replacing it."

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