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BNB $603.48 -1.01%
XRP $1.00 -0.43%
SOL $75.25 -1.16%
TRX $0.3322 -0.52%
DOGE $0.0692 -1.19%
ADA $0.1792 -2.44%
BCH $203.24 -4.98%
LINK $8.81 +0.29%
HYPE $56.03 -2.91%
AAVE $85.68 -2.73%
SUI $0.6766 -1.94%
XLM $0.1596 -0.35%
ZEC $485.22 -0.91%

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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