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The old supply is proposed to be diluted to 20%, and the Secret Network community draft proposes a large-scale issuance.

The old supply is proposed to be diluted to 20%, and the Secret Network community draft proposes a large-scale issuance.

Odaily星球日报Odaily星球日报2026/07/28 14:02
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According to Odaily, former SNF officer Lisa Loud has published a proposal suggesting that after Secret Labs withdraws, she would lead a new entity to take over Secret L1, and restructure the tokenomics through a one-time large-scale token issuance. The plan proposes a "dilutive mint" that, without migrating chains or excluding any token holders, would allocate newly minted tokens to the new entity, validators, cross-chain relayers, developers, and victims of bridge hacks, and introduce a protocol-level tax to continuously fund development and infrastructure. The example proposal shows that the old supply would be diluted to 20%.
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