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BTC $78,976.72 -0.90%
ETH $2,479.31 -0.14%
BNB $739.57 -1.06%
XRP $1.39 -1.25%
SOL $103.74 -2.33%
TRX $0.3340 -0.33%
DOGE $0.0900 +0.92%
ADA $0.2208 +1.02%
BCH $267.17 +4.07%
LINK $12.92 +4.63%
HYPE $85.55 -2.73%
AAVE $132.19 -0.94%
SUI $0.8137 +1.47%
XLM $0.1925 +4.18%
ZEC $1,158.07 -1.76%

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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