We recently shared our thoughts on Adler's recent post from the Celestia forum. The PoG is the attention grabber - but the structural changes around supply is the market catalyst. Inflation reduction to 0.25%, with plans to burn all REV could lead to some interesting outcomes
John Adler | 🦣
John Adler | 🦣22.6.2025
Proof-of-Governance as the Endgame for LSTs I propose a change to the Celestia protocol that would remove unnecessary issuance, from 5% to 0.25%, without affecting security. It would also allow for a seamless LST-equivalent, allowing $TIA to be used in TIA-native DeFi more easily. This change would commit Celestia to accruing value through REV and fees, through abundant DA throughput and verticalization with execution and applications, like TIA-native DeFi. (this is celestia)
Read our full analysis here:
4,95K