Posting this as a follow-up to community questions unrelated to the technical aspects of the treasury. As mentioned previously, the Mina Foundation is evaluating strategies to deploy the maximum amount of MINA possible to the decentralized treasury, with a current working target of 55M MINA (which may be adjusted based on ongoing analysis and evolving circumstances).
The Foundation is laser focused on maximizing its treasury and therefore the tokens deployed to the decentralized treasury. We are working with expert advisors to ensure all strategies are deployed with maximum efficiency, while ensuring compliance with legal and regulatory requirements.
As mentioned in our last X Spaces and the H1 transparency report, the Foundation ceased MINA sales in June 2025 and our envisaged strategy moving forward does not include token sales. We will also be sharing a 2025Q3 transparency report very soon, to show the current state of the treasury and confirm to the community that token sales have ceased. (and we intend to keep pushing these out quarterly going forward)
We are committed to this strategy, leading up to the decentralized treasury launch with the maximum amount of MINA possible, provided that potential legal and regulatory risks are mitigated, and there is no objection from the regulator. We cannot commit on any timeline today, but will do our best to be as transparent as possible with the community on our contribution targets as we advance toward deployment.
Thanks for the update @acityinohio — love seeing this level of transparency from Mina Foundation.
The focus on decentralizing the treasury and aiming for 55M MINA is a huge step forward. Stopping token sales and committing to quarterly transparency reports really shows that the community’s values are being prioritized.
The MINA that is staked by Mina Foundation/Treasury/o1js, helps secure the network because it is delegated to many different validators, which is great for bootstrapping decentralisation.
Should these rewards not burnt so that, with the natural emissions of the network the control of the network is eroded away form the Mina Foundation/Treasury/o1js, and placed into the hands of the community?
If rewards are not sacrificed, then Mina Foundation/Treasury/o1js control over the network could persist indefinitely.
I only bring this up here because this post suggests that Mina Foundation is no longer selling MINA tokens (effectively eroding their control), if there is no selling how do you intend to reach the vision of decentralisation?
Almost all the Mina’s policies are around increasing decentralisation, while no longer selling, makes the network more attractive to token holders and network participants in the upcoming Zeko/Lumina/Nori launches. It does not aid in progressing towards decentralisation.