TL;DR: Polkadot chose a 2.1B hard cap. I’m proposing Kusama take a different path: Ethereum-style burn mechanisms that create demand-responsive scarcity. No arbitrary cap — just burns that make KSM scarcer when the network is valuable. Let’s prove there’s a better way. The Setup Polkadot just pass…

Update: 5 days remaining, vote at 46.5% Aye When ChaosDAO voted early, this sat at ~98% Nay. It’s now 46.5% — closer than any tokenomics proposal Kusama has seen in recent memory. A few points worth restating: The numbers improved. @monsieurbulb’s treasury correction (Post 34) means net inflation…

@Leemo shared some thoughtful feedback on Twitter regarding this referendum. Since I participate only on the forum (no DMs/email for privacy/security reasons), I’m responding here and hope he sees it. On the “most extreme option” concern: I’d push back on this framing for this specific proposal. …

Hey @hantoniu-codeberg Thanks for posting a link to the tweet, I was going to do it myself this morning, haha. Below are my personal thoughts, and they are not indicative of anything or anyone that I may be affiliated with. Overall, I can see/understand your points – but I would still, personally…

Same question I made on your X comment: How many economists are there in the W3F ? I am really interested in understanding how this is playing out, because until now I can count only one. And with @alice_und_bob we discussed addressing economic content, where I would love to discuss certain impor…

We are still waiting for a clear explanation from the foundations and ChaosDAO about their vision for Kusama… How will the economic problems be solved? How will devaluation be stopped? How will incentives be created? Unfortunately, simply saying no or voting no is not enough and does not meet any …

Two days left. Here’s where I land. The process worked. This started as an RFC from a new account. Over four weeks, the thread corrected a data error, improved the projections, separated concerns into two complementary proposals, and attracted input from validators, developers, governance particip…

W3F posted a formal statement on Subsquare today: https://kusama.subsquare.io/referenda/627#7 . They’ve indicated they cannot support the proposal without broader stakeholder and economist engagement. A few thoughts. On process: This thread has been open for four weeks. The proposal was corrected, …

I would like to thank the W3F for its statement. It is a good sign that open communication is being emphasized. Regarding the WFC itself: Before we involve economists, I suggest that we put forward several proposals for consideration, which will then be reviewed. Proposal 1: with maximum supply a…

If W3F says that feedback from economic researchers is necessary, that is reasonable. But then why did W3F not do this themselves from the start. They lead this ecosystem. Why has the network value measured by market cap fallen so badly. They have not created or proven any real economic impact yet, …

[WFC] Burn-Based Tokenomics for Kusama: The Ethereum Model, Not a Hard Cap

Governance

bill_w3f January 27, 2026, 11:11am 54

This is an interesting idea, but I would like to see it reviewed more in-depth by economists before offering support.

I have not seen any comments or analysis of that yet.

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[WFC] Burn-Based Tokenomics for Kusama: The Ethereum Model, Not a Hard Cap

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