Hey all. Questions about this report keep coming up, so I’d like to add to this thread to share some context about the tokenomics report and the Mina Foundation’s role. In October 2023, the $MINA tokenomics report was originally requested by the community as a MIP. We launched an RFP for a grant to do this work in April 2024, then work began in earnest in August 2024, and was then published earlier this year, to outline potential next steps based on community feedback for the community’s benefit and discussion. Since then, the Mina Foundation has scaled down to focus on the decentralized treasury. Now that we have completed the RFC phase in the beginning of September, changes to the $MINA tokenomics are no longer a priority of ours; these ultimately will be changes that would have to be validated not just by individual holders, but validators and o1labs, among others. This means that when all said and done, updates and concerns to how $MINA’s overall tokenomics structure should or shouldn’t be changed ought to come from the community, though perhaps guided and supported by o1’s community team.
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