The old supply is proposed to be diluted to 20%, and the Secret Network community draft proposes a large-scale issuance.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to Odaily, former SNF officer Lisa Loud has published a proposal suggesting that after Secret Labs withdraws, she would lead a new entity to take over Secret L1, and restructure the tokenomics through a one-time large-scale token issuance. The plan proposes a "dilutive mint" that, without migrating chains or excluding any token holders, would allocate newly minted tokens to the new entity, validators, cross-chain relayers, developers, and victims of bridge hacks, and introduce a protocol-level tax to continuously fund development and infrastructure. The example proposal shows that the old supply would be diluted to 20%.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Harvard Has a Massive Stake in SpaceX -- WSJ
Dow Jones•2026/08/17 13:49
Aquiline sells Marosa stake to Wolters Kluwer
Reuters•2026/08/17 13:46
Invoicery Group hosts webcast on Q2 earnings report
Reuters•2026/08/17 13:46
Nexscient names Flipside founder Anthony De Luna as CTO, adds Jaime Fanlo to board
Reuters•2026/08/17 13:46
Crypto prices
MoreBitcoin
BTC
$63,576.55
+0.92%
Ethereum
ETH
$1,901.81
+1.17%
Tether USDt
USDT
$0.9988
-0.01%
USDC
USDC
$0.9999
+0.00%
XRP
XRP
$1
+0.08%
Solana
SOL
$75.55
+0.37%
TRON
TRX
$0.3316
+0.09%
Hyperliquid
HYPE
$59.16
+3.47%
Dogecoin
DOGE
$0.07018
+0.45%
Zcash
ZEC
$512.35
+4.73%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now