Akash includes staking reward termination and AKT issuance in its Solana migration proposal
Original headline아카시, 솔라나 이전안에 스테이킹 보상 종료·AKT 발행 담아
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Akash Network has proposed migrating its compute marketplace to Solana, with plans to end inflation and staking rewards on the existing chain once the migration completes and introduce a separate AKT issuance program, per governance proposal 346 and migration materials published October 26. The proposal separates token migration and compute marketplace migration into distinct phases, with the new issuance amount and cumulative cap not yet determined. Token holders will use a one-way migration portal, operational for two years after launch, where migrated tokens are minted 1:1 on Solana and burned on the original chain, keeping total supply unchanged. The move matters because it shifts Akash's decentralized compute marketplace—one of the notable AI-era DePIN projects—onto Solana's high-throughput infrastructure while restructuring token economics that currently rely on inflation-funded staking rewards. What to watch next: final issuance parameters, governance vote outcome on proposal 346, and the timeline for portal launch and marketplace cutover.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Akash Network, Solana (SOL), AKT
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