NEAR co-founder proposes protocol sovereign fund for long-term sustainability

What happened

NEAR co‑founder suggested creating a protocol sovereign fund to support the platform’s long‑term sustainability, using ideas from sovereign wealth funds and university endowments.

Proposed

Global impact / market context

A dedicated fund could give NEAR a steady source of financing for development, lower dependence on token price swings, and make the ecosystem more attractive to investors.

Analyst inference

Sovereign wealth funds and university endowments have successfully managed large asset pools for decades, showing a proven model that could be adapted to blockchain protocols for stability and growth.

Analyst inference

What to watch

1. Implementation timeline – when the NEAR community finalises governance rules and begins allocating capital to the fund. Proposed
2. Funding sources – whether the fund will be seeded from protocol fees, token reserves, or external investors, which will affect liquidity. Proposed
3. Impact on token economics – how the fund’s spending or investment choices could influence NEAR token supply, demand, and price stability. Proposed

Affected assets

• NEAR — NEAR Protocol

Evidence

• theblock.co