Crypto
Polkadot DAO Burns Future Revenue in Landmark Referendum Decision
The Polkadot DAO has approved Referendum 1926, which establishes that 100 percent of revenue generated from future JAMKB sales will be burned rather than transferred to the network treasury.
The decision affects how supply is managed once the JAM upgrade becomes operational. The referendum was approved on the Wish for Change track with the outcome confirmed by Polkadot through its official X account on August 24, 2026.
According to the proposal, JAMKB resources should not be distributed through grants or provided through below-market loans. Web3 Foundation contributor Bill Laboon described the resource as an allocation mechanism rather than a replacement for Polkadot's native asset.