NEAR Co-Founder Proposes Sovereign Fund to Reduce Token Inflation

Illia Polosukhin suggests a sovereign fund to hold treasury in NEAR, generating returns for security and public goods while targeting lower inflation.

Woofun AI reports that NEAR co-founder Illia Polosukhin has proposed the creation of a sovereign fund. The initiative aims to hold protocol treasury and revenue in NEAR tokens to generate returns, which would partially fund security and public goods with the long-term objective of reducing inflation.