Layer 1 network dilutes supply by 75% overnight to fund survival after main developer quits
Secret Network executed a 1.079 billion-SCRT mint on Aug. 21 as backers of Proposal 365 moved to maintain the Cosmos-based layer 1 working forward of SCRT Labs’ Sept. 1 help cutoff. Proposal 365 passed and scheduled the v1.26.0-community-continuance improve for block 26,790,327. Results from that block file the complete mint as a finalize-block improve occasion,…
