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Solana Co-Founder: Every Token Should Have Staking and Allocate Buybacks to Stakers Instead of Burning
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Foresight News reports that Solana co-founder Toly tweeted, "I believe every token should have staking and allocate buybacks to stakers, rather than burning them. I'm just looking at some silly empirical evidence. Like all L1s, protocols with staking tend to be sticky. Maybe it will reward long-term holders, allowing short-term holders to be rotated out."
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