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BTC $63,005.25 +0.51%
ETH $1,882.15 +0.57%
BNB $610.14 +0.96%
XRP $1.00 -0.34%
SOL $75.38 -0.03%
TRX $0.3311 -0.46%
DOGE $0.0699 +0.25%
ADA $0.1784 -0.00%
BCH $204.99 +2.12%
LINK $9.44 +6.93%
HYPE $56.61 +1.53%
AAVE $86.67 +1.17%
SUI $0.6820 +1.26%
XLM $0.1583 -0.74%
ZEC $488.98 +0.94%

NEAR Alliance proposes to establish a sovereign fund to reduce NEAR token inflation

2026-08-04 10:30:53

According to The Block, NEAR co-founder Illia Polosukhin proposed the establishment of a NEAR sovereign fund, intending to hold the protocol treasury and revenue in the form of NEAR tokens, generate returns, and partially use it to fund security and public goods, with a long-term goal of reducing inflation.

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