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ETH $1,881.37 -0.06%
BNB $606.74 -0.18%
XRP $1.00 -0.32%
SOL $75.48 -0.09%
TRX $0.3309 -0.56%
DOGE $0.0697 -0.82%
ADA $0.1765 -2.53%
BCH $203.55 -1.03%
LINK $9.49 -1.97%
HYPE $57.04 +0.97%
AAVE $86.28 -0.34%
SUI $0.6760 -1.23%
XLM $0.1569 -1.40%
ZEC $485.93 -1.47%

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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