Back to collectionExisting Reserves, Disputed Purpose
Gauntlet and Aera’s foundation staking proposal had just appeared, and “dilution” had become the focus of the replies. The narrator argued that the proposal concerned about 8 million vested XAI from foundation reserves, not newly issued tokens. The dispute moved from whether supply was increasing to how the foundation should use vested reserves.
A creative chronicle combining project history with imagined scenes. Story events are not verification of network activity.
Gauntlet and Aera’s foundation staking proposal had just appeared, and “dilution” had become the focus of the replies. Seeing the two sides use the same word for different calculations, the narrator decided to explain the source and proposed use of the funds separately.
The narrator argued that the proposal concerned about 8 million vested XAI from foundation reserves, not newly issued tokens. Keeping that capital in a pool for the long term seemed preferable to selling it on the market, and staking rewards would remain in the ecosystem. Opponents rejected the premise: one compared it to a government using its treasury to buy its own bonds and argued that the token first needed a real use.
The dispute moved from whether supply was increasing to how the foundation should use vested reserves. The narrator clarified where the tokens came from but did not persuade those questioning their purpose. The next question was whether rewards inside the pool could connect to genuine demand.