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 Sky co-founder proposes no new emissions for core token Cointelegraph 3 weeks ago

Sky co-founder proposes no new emissions for core token 💡

Rune Christensen, the co-founder of Sky, has proposed a deflationary model for the core Sky token. This proposal suggests halting new token emissions, aligning with the original vision of MakerDAO’s supply reduction.

Christensen’s strategy aims to create a more sustainable and value-conserving ecosystem for the token by mimicking the principles initially set by MakerDAO.

If implemented, this model could significantly affect how the token operates and potentially increase its market value over time.

The proposal highlights a strategic move to enhance the token’s long-term value proposition, making it a more attractive option for investors.

Source: cointelegraph.com ↗