Celestia's team has proposed a Proof-of-Governance (PoG) model aimed at reducing TIA token issuance from 5% to 0.25%. This measure intends to effectively manage inflation and align rewards with network needs.
Introduction of the PoG Model
Celestia's proposal to reduce TIA token issuance by 4.75% aims to manage inflation and align rewards with network requirements.
Impact and Speculation
Key figures, including co-founders and the Celestia Foundation, are expected to engage in this proposal. It is anticipated that this will significantly reshape Celestia's tokenomics, potentially enhancing the token's value proposition for holders. Immediate changes in staking and liquidity patterns are expected as investors reassess their strategies.
Quote from the Celestia Team
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The Proof-of-Governance proposal by Celestia reflects an intention to improve token management and minimize inflation, which could have substantial impacts on the market and investor strategies.
