NEAR co-founder Illia Polosukhin has proposed creating a sovereign fund within the NEAR protocol to ensure its long-term sustainability. This fund would draw inspiration from established sovereign wealth fund models such as Norway and Singapore, as well as university endowments. The goal would be to reduce the ecosystem’s reliance on token issuance mechanisms and ensure durable financial stability. This initiative comes at a time when many blockchains are seeking to strengthen their economic model.
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