News
Significance:
5/10

Derive co-founder proposes 50% DRV token supply increase, diluting holders by 33%

https://www.theblock.co/post/370527/derive-co-founder-proposes-50-drv-token-supply-increase-diluting-holders-by-33

Zack Abrams

Mentions

Sentiments

Target
Sentiment
Comment
Bearish
Proposed 50% token supply increase dilutes existing holders by 33%.
Bullish
Strategic mint aims to secure institutional partnerships and compete with Deribit.