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BTC $62,973.65 -0.30%
ETH $1,876.03 -0.08%
BNB $605.45 -0.37%
XRP $0.9998 -0.70%
SOL $75.13 -0.89%
TRX $0.3323 -0.38%
DOGE $0.0698 -0.03%
ADA $0.1795 -1.16%
BCH $202.12 -1.75%
LINK $8.91 +1.54%
HYPE $55.63 -3.47%
AAVE $86.55 -1.07%
SUI $0.6774 -1.08%
XLM $0.1595 -0.02%
ZEC $489.49 +0.89%

Gavin Wood: Does not intend to issue new tokens based on the JAM protocol

2025-06-06 22:46:05

ChainCatcher news, Polkadot founder Gavin Wood responded on the Polkadot forum regarding the issuance of the JAM Token. He stated: "I personally do not intend to issue a new token based on the JAM protocol, nor do I think it would be wise for Parity and the Web3 Foundation to issue such a token; of course, the leadership of these organizations can decide for themselves. I generally oppose actions that I believe do not bring actual net benefits to Polkadot, but I will continue to explore ideas that may bring long-term value to Polkadot. Sometimes this involves new tokens, but these tokens are usually symbiotic with DOT rather than replacing it."

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