🚨 Algorand just dropped plans to raise ALGO's 10 billion supply cap — but there's a catch for the people building its ecosystem
On November 6, Algorand announced a major strategic reset
Its Project King Safety roadmap is now paused indefinitely
That means three controversial ideas are off the table for now 👇
🔹 Raising ALGO's supply cap to fund rewards through inflation
🔹 Capturing MEV as network revenue
🔹 Increasing minimum transaction fees
$ALGO
Good news for holders worried about dilution?
Potentially. But here's the other side
Algorand is also suspending its xGov community grants program on December 6
Its community forum has closed to new discussions, and the company-run advisory council has ended
Meanwhile, staking reward commitments remain in place through January 2028
⚠️ Avoiding new inflation doesn't automatically solve the problem of funding network security and ecosystem growth
And removing a proposed supply increase isn't the same as burning tokens
$ALGO
📌 Watch what replaces community grants, whether network revenue grows and how staking rewards will be funded beyond 2028
A predictable token supply matters
But a blockchain also needs a sustainable way to reward its builders and validators
#ALGO #algorand
On November 6, Algorand announced a major strategic reset
Its Project King Safety roadmap is now paused indefinitely
That means three controversial ideas are off the table for now 👇
🔹 Raising ALGO's supply cap to fund rewards through inflation
🔹 Capturing MEV as network revenue
🔹 Increasing minimum transaction fees
$ALGO
Good news for holders worried about dilution?
Potentially. But here's the other side
Algorand is also suspending its xGov community grants program on December 6
Its community forum has closed to new discussions, and the company-run advisory council has ended
Meanwhile, staking reward commitments remain in place through January 2028
⚠️ Avoiding new inflation doesn't automatically solve the problem of funding network security and ecosystem growth
And removing a proposed supply increase isn't the same as burning tokens
$ALGO
📌 Watch what replaces community grants, whether network revenue grows and how staking rewards will be funded beyond 2028
A predictable token supply matters
But a blockchain also needs a sustainable way to reward its builders and validators
#ALGO #algorand
