Treasure Proposal Sets 173 Million MAGIC Ceiling for DePIN Fund
Photo: TokenPost
Treasure’s TIP-63 proposal would establish a Strategic Growth Fund of up to 173 million MAGIC for its DePIN network launch, a plan that could increase the token’s total supply by 49.76%. The proposal is open for community discussion. If the full amount is minted, MAGIC’s estimated total supply would grow from about 348 million to about 521 million. That calculation excludes a separate plan for ongoing staking emissions. The proposal calls for an initial 100 million MAGIC mint for the Treasure Foundation on Feb. 3, 2027, if approved.
Source: TokenPost
