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NEAR Co-founder Proposes Establishing Protocol Sovereign Fund, Plans to Support Ecosystem Public Goods with Protocol Revenue

2026.08.04 - 02:51

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TechFlow news, August 4, NEAR co-founder Illia Polosukhin proposed the "Establishment of a Protocol Sovereign Fund" proposal in the community, suggesting that current and future protocol reserves, historical protocol revenue, and future protocol revenue be included in the fund reserves, and that fund returns be used to support ecosystem public goods. The proposal is currently still in the community discussion stage.

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