Foundation Actions and Tokenomics Considerations

Fuel Network Foundation
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The Foundation is taking the following actions:

1. Increase Token Reserves: Increasing FUEL token reserves for the ecosystem fund

  1. The foundation will strategically acquire FUEL token over time

2. Increase Ecosystem Liquidity: Improving Ecosystem liquidity for FUEL token (i.e. Mira pools)

  1. The foundation has added 1m into Mira for the FUEL pair to start

3. Pause FS-Program: Pausing of FS program (i.e. FS-2)

  1. The FS program has not been very successful at attracting new users and liquidity at this stage, so for now this will be paused
  2. Note, some ecosystem projects may still choose to use their treasury to incentivize behavior

4. Shifting ecosystem grants to fiat: Moving larger ecosystem grants to fiat

  1. Instead of doing grants in FUEL token always, the Foundation will move toward more partial or complete grants in Fiat in the short term

5. Accelerate LST Development: Accelerating the development of LSTs (such as Rig)

  1. LSTs will help retain newly minted FUEL liquidity
  2. The original development timeline was set to 6 months. The new target delivery will be within 1-2 months.
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