Akash's Solana Plan Would End Staking Rewards, Keep AKT Issuance
A proposal to move Akash to Solana would stop rewards on the current chain while leaving room for new AKT to be issued for providers and the treasury.
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Key takeaways
- The proposal would end staking rewards on Akash's current chain.
- New AKT issuance could still happen under the Solana plan.
- Future incentives would go to providers and a treasury.
- How much AKT those incentives would emit hasn't been settled.
Akash Network's proposed move to Solana would switch off staking rewards on the existing chain. It would not switch off AKT issuance altogether. That split is the heart of the plan, according to CryptoSlate's reporting.
Two separate questions
The proposal handles these as two different matters. One is the end of rewards on the old chain. The other is incentives for compute providers and a treasury, and those future incentives could involve fresh AKT being issued.
Here's the catch. The amounts aren't pinned down. The source says emission figures for provider and treasury incentives are still unresolved, so there are no numbers, schedules or caps to report.
What's still open
- How much AKT would be emitted for providers
- How much would flow to the treasury
- What happens to current stakers once rewards stop
Only the first two are explicitly flagged as unresolved in the material I have. The third is the obvious question to ask, but the source doesn't answer it.
Why it matters
If you hold or stake AKT, the yield you earn on the current chain is slated to end under this plan. Meanwhile, new tokens could still be created for other recipients. That's a dilution question, and without emission figures nobody can price it properly. So wait for the actual numbers before any vote. They'll show whether this is a real change in token economics or just a reshuffle of who gets paid.
Source: CryptoSlate
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Daniel Okoro
Daniel tracks crypto regulation and policy across the US, EU and Asia, with a decade in financial journalism.
