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
U.S. stocks rebound as the S&P 500 index turns positive
格隆汇•2026/07/28 14:56
Elon Musk's net worth has shrunk significantly, but still exceeds $700 billion
格隆汇•2026/07/28 14:52
Crypto prices
MoreBitcoin
BTC
$63,433.51
-1.81%
Ethereum
ETH
$1,889.65
-2.09%
Tether USDt
USDT
$0.9988
+0.01%
USDC
USDC
$0.9999
+0.01%
XRP
XRP
$1.05
-3.24%
Solana
SOL
$73.34
-2.60%
TRON
TRX
$0.3242
-1.34%
Hyperliquid
HYPE
$54.99
-5.15%
Dogecoin
DOGE
$0.06997
-1.70%
Zcash
ZEC
$467.15
-4.72%
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