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VTHO Tokenomics Under Hayabusa: From Static to Dynamic Issuance
VeChain Official
Statement on tokenomics adjustment for interested parties: As part of the Hayabusa Upgrade — phase 2 of VeChain Renaissance — VTHO generation is moving from a fixed schedule to a dynamic model tied to user participation, with issuance becoming a function of total VET staked. Below are the before and after figures:
Before Hayabusa
Static generation rate: 5 × 10⁻⁹ VTHO per VET per secondDaily per VET guide: ≈ 0.000432 VTHONetwork annual issuance: ≈ 13.7B VTHO
After Hayabusa
Issuance is dynamic and depends on total VET staked across the network.
Example outcomes:
2.525B VET staked (2.61% total supply) → ~3.86B VTHO per year (21.87% current VTHO inflation)Up to 60B VET staked (75% total supply) → ~19B VTHO per year (138.6% current VTHO inflation)
What does this mean?
This change rewards active contributors and strengthens decentralization. It also ensures more effective VTHO distribution, with it flowing only to staked VET, while backing Validators and helping secure the chain. The tokenomics adjustements unlock three key benefits:
Fairness: Rewards follow real participation rather than being generated among idle tokens.Security and resilience: more staking and delegation support a healthier validator set, and increase economic security of the network.Stakeholder alignment: issuance reflects network use and community commitment, creating a clearer link between value earned and value provided, while ensuring all parties benefit from the network.
In short, the model encourages everyone to play a role in VeChain’s security and long-term growth.
Transition timelineTestnet: Successfully transitioned from PoA to DPoS on November 11, 2025.Mainnet: Activation begins on December 2, 2025.The transition period runs from December 2 to December 9, 2025. No VTHO is issued during this initial 7 day rewards cycle. After the transition period, the new dynamic issuance model is fully live.
What to do now — everyone
Download VeWorld, our super app designed to make staking simple and secure.
If you already hold $VET, open StarGate via the ‘Earn’ tab on the VeWorld home screen and start staking to earn VTHO rewards today.
Don’t have $VET yet? You can easily acquire it on major exchanges or buy directly in VeWorld. Join the program ahead of Hayabusa meeting mainnet to be prepared ahead of launch.
What to do now — for developers
Access StarGate testnet to try the new delegator and validator flows and share feedback.
Testnet appTry find bugs as part of the Immunefi program and earn rewards
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://vechainofficial.medium.com/vtho-tokenomics-under-hayabusa-from-static-to-dynamic-issuance-389af6cca787
Statement on tokenomics adjustment for interested parties: As part of the Hayabusa Upgrade — phase 2 of VeChain Renaissance — VTHO generation is moving from a fixed schedule to a dynamic model tied to user participation, with issuance becoming a function of total VET staked. Below are the before and after figures:
Before Hayabusa
Static generation rate: 5 × 10⁻⁹ VTHO per VET per secondDaily per VET guide: ≈ 0.000432 VTHONetwork annual issuance: ≈ 13.7B VTHO
After Hayabusa
Issuance is dynamic and depends on total VET staked across the network.
Example outcomes:
2.525B VET staked (2.61% total supply) → ~3.86B VTHO per year (21.87% current VTHO inflation)Up to 60B VET staked (75% total supply) → ~19B VTHO per year (138.6% current VTHO inflation)
What does this mean?
This change rewards active contributors and strengthens decentralization. It also ensures more effective VTHO distribution, with it flowing only to staked VET, while backing Validators and helping secure the chain. The tokenomics adjustements unlock three key benefits:
Fairness: Rewards follow real participation rather than being generated among idle tokens.Security and resilience: more staking and delegation support a healthier validator set, and increase economic security of the network.Stakeholder alignment: issuance reflects network use and community commitment, creating a clearer link between value earned and value provided, while ensuring all parties benefit from the network.
In short, the model encourages everyone to play a role in VeChain’s security and long-term growth.
Transition timelineTestnet: Successfully transitioned from PoA to DPoS on November 11, 2025.Mainnet: Activation begins on December 2, 2025.The transition period runs from December 2 to December 9, 2025. No VTHO is issued during this initial 7 day rewards cycle. After the transition period, the new dynamic issuance model is fully live.
What to do now — everyone
Download VeWorld, our super app designed to make staking simple and secure.
If you already hold $VET, open StarGate via the ‘Earn’ tab on the VeWorld home screen and start staking to earn VTHO rewards today.
Don’t have $VET yet? You can easily acquire it on major exchanges or buy directly in VeWorld. Join the program ahead of Hayabusa meeting mainnet to be prepared ahead of launch.
What to do now — for developers
Access StarGate testnet to try the new delegator and validator flows and share feedback.
Testnet appTry find bugs as part of the Immunefi program and earn rewards
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://vechainofficial.medium.com/vtho-tokenomics-under-hayabusa-from-static-to-dynamic-issuance-389af6cca787
MultiversX Foundation
@multiversxfndn
Following the latest governance vote, MultiversX will implement the first part of its updated economic model on December 2 (Epoch 1951).
Higher rewards for users, stronger incentives for builders, and predictable, long-term stability for validators. With this upgrade, every major participant category benefits from a clearer and more sustainable economic engine that grows in step with network activity.
Before & After
• Under the current model, inflation is calculated against the genesis supply and declines steadily as emissions approach completion. Currently, they are 5.13%
• Under the new model, annual emissions become supply-based and predictable:
– Initial theoretical maximum emissions: 8.757%
– Annual decay: 0.25%
– Long-term minimum: 2%
This shift aims to bring a proven model with a sustainable, self-adjusting curve that maintains validator rewards over time.
Emission Allocation
The annual emissions is divided into two broad purposes:
• 50% dedicated to network security through staking rewards for validators and delegators
• 50% directed toward growth, covering user incentives, ecosystem development initiatives, and protocol sustainability
The new economic model also improves how value flows across the network, resulting in higher rewards for all core participants: users gain access to both straightforward staking returns and enhanced yields unlocked by increased onchain activity.
Builders benefit from sustained funding for applications, tools and infrastructure; and validators receive more predictable, usage-driven rewards through the updated emissions curve and fee structure. As activity grows, every category captures more value, creating a reinforcing cycle of participation and expansion.
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/multiversxfndn/status/1994508646773133365?s=46&t=tx0kHs6vGjMEynWFU2xUrQ
@multiversxfndn
Following the latest governance vote, MultiversX will implement the first part of its updated economic model on December 2 (Epoch 1951).
Higher rewards for users, stronger incentives for builders, and predictable, long-term stability for validators. With this upgrade, every major participant category benefits from a clearer and more sustainable economic engine that grows in step with network activity.
Before & After
• Under the current model, inflation is calculated against the genesis supply and declines steadily as emissions approach completion. Currently, they are 5.13%
• Under the new model, annual emissions become supply-based and predictable:
– Initial theoretical maximum emissions: 8.757%
– Annual decay: 0.25%
– Long-term minimum: 2%
This shift aims to bring a proven model with a sustainable, self-adjusting curve that maintains validator rewards over time.
Emission Allocation
The annual emissions is divided into two broad purposes:
• 50% dedicated to network security through staking rewards for validators and delegators
• 50% directed toward growth, covering user incentives, ecosystem development initiatives, and protocol sustainability
The new economic model also improves how value flows across the network, resulting in higher rewards for all core participants: users gain access to both straightforward staking returns and enhanced yields unlocked by increased onchain activity.
Builders benefit from sustained funding for applications, tools and infrastructure; and validators receive more predictable, usage-driven rewards through the updated emissions curve and fee structure. As activity grows, every category captures more value, creating a reinforcing cycle of participation and expansion.
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/multiversxfndn/status/1994508646773133365?s=46&t=tx0kHs6vGjMEynWFU2xUrQ
Boundless
@boundless_xyz
The Boundless Foundation is aware of the recent DAXA communication regarding ZKC. The Foundation is working immediately with the relevant parties to resolve this issue and we intend to share updates with our community as quickly as we can. This issue does not have any effect whatsoever on the security and operation of our network.
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/boundless_xyz/status/1973774855129440590
@boundless_xyz
The Boundless Foundation is aware of the recent DAXA communication regarding ZKC. The Foundation is working immediately with the relevant parties to resolve this issue and we intend to share updates with our community as quickly as we can. This issue does not have any effect whatsoever on the security and operation of our network.
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/boundless_xyz/status/1973774855129440590
Alt.town
@AlttownOfficial
http://Alt.town Security Incident Update
Our team wallet holding 273M $TOWN (team vested allocation) has been compromised, and tokens are currently being sold into the market.
- We strongly advise all users NOT to interact with any DEX contracts.
- To prevent further losses, the liquidity pool is being removed immediately.
[Actions Taken So Far]
- Requested major CEX/DEX partners to blacklist and freeze the hacker’s wallets
- Temporarily paused deposits to prevent user impact
- Instructed market maker to remove the liquidity pool
- Sent an on-chain bug bounty (10%) proposal to negotiate recovery of stolen funds
- Completed wallet replacement with secure multisig addresses
- Reviewing and reinforcing vesting/revoke contract logic
- Strengthening internal wallet management and monitoring systems
- Root cause investigation ongoing (initial findings: deployer wallet compromise)
[Next Steps]
A detailed post-mortem report will be shared once the immediate response phase is stabilized.
Protecting user assets and stabilizing the ecosystem remain our highest priorities.
We sincerely apologize for this incident and will do everything possible to restore trust and strengthen our security.
http://Alt.town Team
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/AlttownOfficial/status/1973222158504730743
@AlttownOfficial
http://Alt.town Security Incident Update
Our team wallet holding 273M $TOWN (team vested allocation) has been compromised, and tokens are currently being sold into the market.
- We strongly advise all users NOT to interact with any DEX contracts.
- To prevent further losses, the liquidity pool is being removed immediately.
[Actions Taken So Far]
- Requested major CEX/DEX partners to blacklist and freeze the hacker’s wallets
- Temporarily paused deposits to prevent user impact
- Instructed market maker to remove the liquidity pool
- Sent an on-chain bug bounty (10%) proposal to negotiate recovery of stolen funds
- Completed wallet replacement with secure multisig addresses
- Reviewing and reinforcing vesting/revoke contract logic
- Strengthening internal wallet management and monitoring systems
- Root cause investigation ongoing (initial findings: deployer wallet compromise)
[Next Steps]
A detailed post-mortem report will be shared once the immediate response phase is stabilized.
Protecting user assets and stabilizing the ecosystem remain our highest priorities.
We sincerely apologize for this incident and will do everything possible to restore trust and strengthen our security.
http://Alt.town Team
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/AlttownOfficial/status/1973222158504730743
Alt.town
@AlttownOfficial
[Security Notice]
We detected abnormal activity in certain wallets on Sept 29, 2025, around 1:00 PM UTC.
We have immediately blocked the affected wallets and are working closely with external security experts on an urgent investigation and response. There is no impact on user assets.
As a precaution, both deposits and withdrawals are temporarily paused until wallet rotation is complete. We apologize for the inconvenience caused.
Progress updates and investigation results will be shared regularly through our official notices. (App/X/Discord)
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/AlttownOfficial/status/1972853816652710317
@AlttownOfficial
[Security Notice]
We detected abnormal activity in certain wallets on Sept 29, 2025, around 1:00 PM UTC.
We have immediately blocked the affected wallets and are working closely with external security experts on an urgent investigation and response. There is no impact on user assets.
As a precaution, both deposits and withdrawals are temporarily paused until wallet rotation is complete. We apologize for the inconvenience caused.
Progress updates and investigation results will be shared regularly through our official notices. (App/X/Discord)
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/AlttownOfficial/status/1972853816652710317
Oliver Feldmeier
GAIN Incident @Griffin_AI
Several hours ago GAIN (BNB chain) experienced abnormal minting and dumping, leading to a sharp price drop.
Our investigation confirms the cause:
- An unauthorized LayerZero peer setup was introduced.
- The attacker deployed a fake Ethereum contract ($TTTTT at 0x7a8caf).
- They then added this as the LayerZero peer for GAIN’s Ethereum endpoint (instead of the official ETH token at 0xccdbb9).
- Using this fake peer, they minted 5B GAIN on BNB chain and began dumping on-chain.
Attacker wallet (currently holding excess supply):
0xf3d17326130f90c1900bc0b69323c4c7e2d58db2
https://bscscan.com/address/0xf3d17326130f90c1900bc0b69323c4c7e2d58db2
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/OliFeldmeier/status/1971041547513889229
GAIN Incident @Griffin_AI
Several hours ago GAIN (BNB chain) experienced abnormal minting and dumping, leading to a sharp price drop.
Our investigation confirms the cause:
- An unauthorized LayerZero peer setup was introduced.
- The attacker deployed a fake Ethereum contract ($TTTTT at 0x7a8caf).
- They then added this as the LayerZero peer for GAIN’s Ethereum endpoint (instead of the official ETH token at 0xccdbb9).
- Using this fake peer, they minted 5B GAIN on BNB chain and began dumping on-chain.
Attacker wallet (currently holding excess supply):
0xf3d17326130f90c1900bc0b69323c4c7e2d58db2
https://bscscan.com/address/0xf3d17326130f90c1900bc0b69323c4c7e2d58db2
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/OliFeldmeier/status/1971041547513889229
OlaXBT Terminal
Dear AIO Community Members and
Token Holders,
On September 1, 2025, at 2:59 PM (UTC+8), OlaXBT detected suspicious activity involving unauthorized withdrawals of approximately 32 million AIO tokens from multisig wallets.
Immediately upon detection, we activated our emergency response protocols, engaged BlockSec and other leading cybersecurity experts, and worked closely with our exchange partners to secure all systems and mitigate market volatility. The identified wallet vulnerability has been fully resolved, and operations remain stable.
Based on blockchain forensics and preliminary investigations, the exploit appears to involve sophisticated techniques that we are actively tracing through transaction patterns and wallet interactions. Our team, in collaboration with cybersecurity firms, has uncovered evidence of coordinated unauthorized access, and we are now coordinating with global law enforcement agencies to pursue legal action and assist in recovery efforts.
To protect our community and ensure fairness, we are developing a compensation plan for all verified AIO holders who held tokens prior to the incident. Details, including the snapshot block, eligibility criteria, and distribution timeline, will be announced in a follow-up post after consultation with auditors to maintain integrity and transparency.
Your trust and support remain our top priority. The OlaXBT team is determined to emerge stronger from this challenge, with an unwavering commitment to user asset protection, transparency, and long-term project integrity.
Thank you for your vigilance and continued confidence.
The OlaXBT Project Team
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/olaxbt_terminal/status/1962494096578420981?s=46&t=xajt4HoOoMUgsouum-sBCw
Dear AIO Community Members and
Token Holders,
On September 1, 2025, at 2:59 PM (UTC+8), OlaXBT detected suspicious activity involving unauthorized withdrawals of approximately 32 million AIO tokens from multisig wallets.
Immediately upon detection, we activated our emergency response protocols, engaged BlockSec and other leading cybersecurity experts, and worked closely with our exchange partners to secure all systems and mitigate market volatility. The identified wallet vulnerability has been fully resolved, and operations remain stable.
Based on blockchain forensics and preliminary investigations, the exploit appears to involve sophisticated techniques that we are actively tracing through transaction patterns and wallet interactions. Our team, in collaboration with cybersecurity firms, has uncovered evidence of coordinated unauthorized access, and we are now coordinating with global law enforcement agencies to pursue legal action and assist in recovery efforts.
To protect our community and ensure fairness, we are developing a compensation plan for all verified AIO holders who held tokens prior to the incident. Details, including the snapshot block, eligibility criteria, and distribution timeline, will be announced in a follow-up post after consultation with auditors to maintain integrity and transparency.
Your trust and support remain our top priority. The OlaXBT team is determined to emerge stronger from this challenge, with an unwavering commitment to user asset protection, transparency, and long-term project integrity.
Thank you for your vigilance and continued confidence.
The OlaXBT Project Team
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/olaxbt_terminal/status/1962494096578420981?s=46&t=xajt4HoOoMUgsouum-sBCw
Giants Protocol
Announcement | Giants Protocol Token Supply Adjustment & Staking Now Live
Dear Giants Protocol Community,
To further accelerate ecosystem growth and product adoption, Giants Protocol has adjusted the circulating supply of $G:
Previous Circulation: 6.5 Billion $G
Adjusted Circulation: 28.9 Billion $G
Reasons for Adjustment:
1. Staking Program Launch: A portion of strategic reserves will be allocated as rewards to sustain the staking campaign.
2. Ecosystem Development: Strategic reserves are also released to support RWA partnerships, including collaborations with global luxury brands and Singapore’s co-living leader TAP.
User Benefits of Staking:
Voting Rights: Stakers gain governance and asset onboarding voting power.
Attractive Rewards: Up to 150% APY, claimable daily.
Additional Incentives: Potential airdrops, subsidies, or rewards from supported assets.
Staking Campaign Details:
Start: August 19, 2025
Total Staking Limit：880,000,000 First Come First Serve
Lockup Period: 180 days (no early unstaking)
Rewards: Daily manual claim, principal + yield unlocked at maturity
👉
Join here: https://staking.giantsprotocol.ai
Giants Protocol remains committed to transparency and to maximizing long-term value for its community.
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/giantsprotocol/status/1958181415100510620
Announcement | Giants Protocol Token Supply Adjustment & Staking Now Live
Dear Giants Protocol Community,
To further accelerate ecosystem growth and product adoption, Giants Protocol has adjusted the circulating supply of $G:
Previous Circulation: 6.5 Billion $G
Adjusted Circulation: 28.9 Billion $G
Reasons for Adjustment:
1. Staking Program Launch: A portion of strategic reserves will be allocated as rewards to sustain the staking campaign.
2. Ecosystem Development: Strategic reserves are also released to support RWA partnerships, including collaborations with global luxury brands and Singapore’s co-living leader TAP.
User Benefits of Staking:
Voting Rights: Stakers gain governance and asset onboarding voting power.
Attractive Rewards: Up to 150% APY, claimable daily.
Additional Incentives: Potential airdrops, subsidies, or rewards from supported assets.
Staking Campaign Details:
Start: August 19, 2025
Total Staking Limit：880,000,000 First Come First Serve
Lockup Period: 180 days (no early unstaking)
Rewards: Daily manual claim, principal + yield unlocked at maturity
👉
Join here: https://staking.giantsprotocol.ai
Giants Protocol remains committed to transparency and to maximizing long-term value for its community.
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://x.com/giantsprotocol/status/1958181415100510620
TIP-56: TIP-55 Re-Vote
treasurecommunity.eth admin
SUMMARY
This proposal voids the linear unlock of the ecosystem fund and authorizes the core contributors to divest these tokens at market-neutral rates defined by TIP-17. Under the previous tokenomics the ecofund was unlocked linearly each month. This was estimated to be fully released to Treasure by December 2027. This proposal removes that unlock and makes the tokens available to the core contributors immediately from the date of this proposal passing. This proposal does not authorize the minting of additional tokens. After this event, the circulating supply will increase from 311,795,218 to 337,855,447. Circulating supply will increase by 26,924,099 (8%) immediately.
RATIONALE
The Treasure team’s current stablecoin runway is until August 2026. This proposal does not reflect an immediate need for diversification for continued operations. We have recovered from our early 2025 setbacks with strength and are preparing for the long-term again. This proposal is to enable the DAO to be well prepared and funded going into the next few years, removing the linear unlock of the ecosystem fund that was created in 2021 when Treasure was a different organization. Our pivot and new goals require us to be flexible and will provide us the tools to strive in the coming years.
The original emissions schedule was created almost four years ago when MAGIC’s market cap was much smaller. We have learned many lessons during this time, especially the volatility of the MAGIC price. The linear unlock was put there to reassure the community that the contributors would not be divesting large amounts through a DEX in the early months of the project, but it makes little sense to keep this guard-rail when the token is almost entirely emitted and with major CEX listings that enable market-neutral diversification.
Note: the current market maker proposals (TIP-17) establish the rate of diversification through Flowdesk. Treasure has used this program for years and successfully converted into stablecoins at a market neutral rate. On a day like today for example, where volumes were nearly $500 million, diversification would have been a drop in the bucket and had no market impact.
The restrictions put in place by the original DAO proposals were useful in the early years but in retrospect, unwise to carry into later years as it meant the DAO has been unable to divest for runway during times of opportune prices and instead was held at the mercy of bear and bull cycles.
IMPLEMENTATION
If this proposal passes, then the core contributors will update the circulating supply after diversification occurs.
The ecofund will unlock 26,924,099 MAGIC which is currently held by TreasureDAO and will be added to circulating supply upon passing this proposal.
Diversification reporting will be part of quarterly financials as is the status quo.
No new tokens are to be minted in this proposal. This proposal only concerns existing tokens in the ecosystem fund currently earmarked by linear unlocks.
ADDITIONAL CLARITY ON CIRCULATING SUPPLY
The maximum supply does not change as a result of this proposal. Moreover, the circulating supply will not exceed previous reporting. The DAO has “underspent” in various buckets.
TIP-54 consolidated the total number of multisigs that contributors needed to manage on behalf of the DAO. Specifically, the DAO treasury also became the destination safe for DA staking rewards, liquidity, community grants, Smol treasury, the GBS entity Treasury, Bridgeworld, Magicswap, and Mage:
https://snapshot.box/#/s:treasuregaming.eth/proposal/0xe4f4a39f293cf97f581a003f62575766e1528f0073fdec08323fc3ff8bdc2b57
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://vote.treasure.lol/#/proposal/0x65b71a9f12e3e61887864ed936288f243fafc0c07e307d2ec2c3cfab4dbf4aa6
SUMMARY
This proposal voids the linear unlock of the ecosystem fund and authorizes the core contributors to divest these tokens at market-neutral rates defined by TIP-17. Under the previous tokenomics the ecofund was unlocked linearly each month. This was estimated to be fully released to Treasure by December 2027. This proposal removes that unlock and makes the tokens available to the core contributors immediately from the date of this proposal passing. This proposal does not authorize the minting of additional tokens. After this event, the circulating supply will increase from 311,795,218 to 337,855,447. Circulating supply will increase by 26,924,099 (8%) immediately.
RATIONALE
The Treasure team’s current stablecoin runway is until August 2026. This proposal does not reflect an immediate need for diversification for continued operations. We have recovered from our early 2025 setbacks with strength and are preparing for the long-term again. This proposal is to enable the DAO to be well prepared and funded going into the next few years, removing the linear unlock of the ecosystem fund that was created in 2021 when Treasure was a different organization. Our pivot and new goals require us to be flexible and will provide us the tools to strive in the coming years.
The original emissions schedule was created almost four years ago when MAGIC’s market cap was much smaller. We have learned many lessons during this time, especially the volatility of the MAGIC price. The linear unlock was put there to reassure the community that the contributors would not be divesting large amounts through a DEX in the early months of the project, but it makes little sense to keep this guard-rail when the token is almost entirely emitted and with major CEX listings that enable market-neutral diversification.
Note: the current market maker proposals (TIP-17) establish the rate of diversification through Flowdesk. Treasure has used this program for years and successfully converted into stablecoins at a market neutral rate. On a day like today for example, where volumes were nearly $500 million, diversification would have been a drop in the bucket and had no market impact.
The restrictions put in place by the original DAO proposals were useful in the early years but in retrospect, unwise to carry into later years as it meant the DAO has been unable to divest for runway during times of opportune prices and instead was held at the mercy of bear and bull cycles.
IMPLEMENTATION
If this proposal passes, then the core contributors will update the circulating supply after diversification occurs.
The ecofund will unlock 26,924,099 MAGIC which is currently held by TreasureDAO and will be added to circulating supply upon passing this proposal.
Diversification reporting will be part of quarterly financials as is the status quo.
No new tokens are to be minted in this proposal. This proposal only concerns existing tokens in the ecosystem fund currently earmarked by linear unlocks.
ADDITIONAL CLARITY ON CIRCULATING SUPPLY
The maximum supply does not change as a result of this proposal. Moreover, the circulating supply will not exceed previous reporting. The DAO has “underspent” in various buckets.
TIP-54 consolidated the total number of multisigs that contributors needed to manage on behalf of the DAO. Specifically, the DAO treasury also became the destination safe for DA staking rewards, liquidity, community grants, Smol treasury, the GBS entity Treasury, Bridgeworld, Magicswap, and Mage:
https://snapshot.box/#/s:treasuregaming.eth/proposal/0xe4f4a39f293cf97f581a003f62575766e1528f0073fdec08323fc3ff8bdc2b57
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post.
Project team's official post:
https://vote.treasure.lol/#/proposal/0x65b71a9f12e3e61887864ed936288f243fafc0c07e307d2ec2c3cfab4dbf4aa6
WOO X
@_WOO_X
We're currently investigating a contained incident that occurred on WOO X earlier today
While user funds and trading are unaffected, withdrawals have been temporarily paused while we complete the investigation.
Stay tuned to this account for updates: https://support.woox.io/hc/en-us/articles/49178783818777-Temporary-withdrawal-suspension-July-24-2025
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post on X.com.
Project team's official post:
https://x.com/_WOO_X/status/1948400223761342920
@_WOO_X
We're currently investigating a contained incident that occurred on WOO X earlier today
While user funds and trading are unaffected, withdrawals have been temporarily paused while we complete the investigation.
Stay tuned to this account for updates: https://support.woox.io/hc/en-us/articles/49178783818777-Temporary-withdrawal-suspension-July-24-2025
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post on X.com.
Project team's official post:
https://x.com/_WOO_X/status/1948400223761342920
Stacks Foundation
@StacksOrg
SIP-031 passed with over 97% of all voting power cast in favor of creating the new Stacks Endowment. As part of this network upgrade, expected at Bitcoin block 907740, total supply will increase by 500M STX over the next 5 years. Of that, there will be an additional 100M STX immediately reflected in the circulating supply, with the remainder emitting over a 5 year period. Once all unlocks complete, total supply will reach approximately 2.2 billion STX (up from ~1.7 billion today). The network’s average yearly emissions during this period will be 5.75%. After this period, emissions return to under 2% annually from PoX. Total supply remains uncapped. As covered at length in SIP-031, emissions and conversion programs were designed to remain below the median inflation rate of Top 50 crypto projects (10.18%). Excluding the initial mint, annual emissions are as follows: Year 1 (7%), Year 2 (7%), Year 3 (7%), Year 4 (4.25%), Year 5 (3.5%). The hard fork to instantiate these changes is expected on July 29, 2025. Access full voting results and next steps here: https://stacks.org/sip-031-results
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post on X.com.
Project team's official post:
https://x.com/StacksOrg/status/1947762275898507570?t=qv86dQ_Rz5ZYMfk1j5RWDA&s=09
@StacksOrg
SIP-031 passed with over 97% of all voting power cast in favor of creating the new Stacks Endowment. As part of this network upgrade, expected at Bitcoin block 907740, total supply will increase by 500M STX over the next 5 years. Of that, there will be an additional 100M STX immediately reflected in the circulating supply, with the remainder emitting over a 5 year period. Once all unlocks complete, total supply will reach approximately 2.2 billion STX (up from ~1.7 billion today). The network’s average yearly emissions during this period will be 5.75%. After this period, emissions return to under 2% annually from PoX. Total supply remains uncapped. As covered at length in SIP-031, emissions and conversion programs were designed to remain below the median inflation rate of Top 50 crypto projects (10.18%). Excluding the initial mint, annual emissions are as follows: Year 1 (7%), Year 2 (7%), Year 3 (7%), Year 4 (4.25%), Year 5 (3.5%). The hard fork to instantiate these changes is expected on July 29, 2025. Access full voting results and next steps here: https://stacks.org/sip-031-results
Disclaimer: The content provided is from the project team. For the most accurate and up-to-date information, please refer to the project team’s official post on X.com.
Project team's official post:
https://x.com/StacksOrg/status/1947762275898507570?t=qv86dQ_Rz5ZYMfk1j5RWDA&s=09
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