NEAR co-founder proposes sovereign fund to hold treasury, generate yield, and potentially cap token supply
Covered by 3 sources · 3 articles
3 outlets - including Theblock, Bitcoinworld and Cryptobriefing - are covering this story. The concept draws from sovereign wealth funds in places like Norway and Singapore, as well as university endowments.
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NEAR co-founder proposes protocol sovereign fund for long-term sustainability
The concept draws from sovereign wealth funds in places like Norway and Singapore, as well as university endowments.
NEAR Co-Founder Proposes Sovereign Fund to Manage Protocol Assets and Curb Inflation
BitcoinWorld NEAR Co-Founder Proposes Sovereign Fund to Manage Protocol Assets and Curb Inflation NEAR Protocol co-founder Illia Polosukhin has proposed the creation of a ‘NEAR Sovereign Fund,’ a novel mechanism designed to manage the proto…
NEAR co-founder proposes sovereign fund to hold treasury, generate yield, and potentially cap token supply
The proposal could enhance NEAR's financial sustainability, improve governance transparency, and potentially stabilize token value long-term. The post NEAR co-founder proposes sovereign fund to hold treasury, generate yield, and potentially…