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NEAR co-founder proposes sovereign fund to hold treasury, generate yield, and potentially cap token supply
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FOMOGRAM Editorial Desk
Aug 4, 2026

EXECUTIVE SUMMARY
NEAR co-founder Illia Polosukhin proposed a Sovereign Fund to consolidate treasury and generate yield, aiming for a fixed token supply. This initiative seeks to improve governance transparency and operational efficiency.
NEAR co-founder Illia Polosukhin proposed a Sovereign Fund to consolidate treasury and generate yield, aiming for a fixed token supply. This initiative seeks to improve governance transparency and operational efficiency.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The proposed NEAR Sovereign Fund could enhance financial sustainability and governance, potentially stabilizing token value.
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