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BTC $78,823.62 -1.11%
ETH $2,470.63 -0.41%
BNB $736.47 -1.13%
XRP $1.38 -1.94%
SOL $103.30 -2.37%
TRX $0.3338 -0.37%
DOGE $0.0890 +0.29%
ADA $0.2175 +0.09%
BCH $258.64 +1.32%
LINK $12.91 +5.67%
HYPE $85.23 -3.71%
AAVE $130.99 -1.88%
SUI $0.8057 +1.96%
XLM $0.1888 +2.71%
ZEC $1,157.58 -0.58%

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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