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ETH $1,871.86 -0.74%
BNB $607.41 -0.67%
XRP $1.00 -0.80%
SOL $75.62 -0.45%
TRX $0.3333 -0.57%
DOGE $0.0695 -1.10%
ADA $0.1821 -1.68%
BCH $205.47 -4.39%
LINK $8.77 +0.83%
HYPE $56.48 -1.03%
AAVE $86.91 -2.30%
SUI $0.6790 -1.31%
XLM $0.1587 -1.19%
ZEC $488.65 -1.44%

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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