Rune Christensen, co-founder of Sky, has put forward a proposal to halt new emissions for the network’s core token. This proposal is in line with a deflationary economic model aimed at reducing the overall supply of the token. The move is intended to align with the original vision of supply reduction promoted by MakerDAO.
The adoption of a deflationary model could potentially stabilize or increase the token's value by creating scarcity. Such strategies are typical in cryptocurrency ecosystems to manage inflation and increase the worth of existing tokens.
By proposing a halt to token emissions, Christensen aims to ensure that the network remains economically viable while adhering to foundational economic principles that were central to MakerDAO’s development. This approach highlights a trend within the industry where pioneering figures are revisiting and strengthening original economic visions.
Source: cointelegraph.com ↗