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NEAR Co-Founder Proposes Sovereign Fund to Manage Protocol Assets and Curb Inflation

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FOMOGRAM Editorial Desk
Aug 4, 2026
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NEAR Co-Founder Proposes Sovereign Fund to Manage Protocol Assets and Curb Inflation
EXECUTIVE SUMMARY

NEAR Protocol co-founder Illia Polosukhin proposed a 'NEAR Sovereign Fund' to manage protocol assets and curb inflation. The fund would hold NEAR tokens and allocate returns to support the network.

NEAR Protocol co-founder Illia Polosukhin proposed a 'NEAR Sovereign Fund' to manage protocol assets and curb inflation. The fund would hold NEAR tokens and allocate returns to support the network.

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The proposed NEAR Sovereign Fund aims to stabilize the protocol's assets and generate returns, potentially enhancing investor confidence.

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