# Tokenomics/Bitocracy/Funding Round

**URL:** <https://forum.sovryn.com/t/tokenomics-bitocracy-funding-round/2365>\
**Category:** General Commons\
**Created:** [March 25, 2022, 5:22pm UTC](https://forum.sovryn.com/t/tokenomics-bitocracy-funding-round/2365 "2022-03-25T17:22:08Z")\
**Posts on this page:** 1\
**Showing post:** 4

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**Author:** ![SOV\_HOOLIGAN](https://avatars.discourse-cdn.com/v4/letter/s/9fc29f/32.png) [@SOV\_HOOLIGAN](https://forum.sovryn.com/u/SOV_HOOLIGAN)\
**Post date:** [March 25, 2022, 5:33pm UTC](https://forum.sovryn.com/t/tokenomics-bitocracy-funding-round/2365/4 "2022-03-25T17:33:00Z")

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Token Burn was proposed before in the forum, people didn’t like the idea of the burning mechanism.

> [@SIP XXXXX Introducing Insurance Fund Mechanism and SOV HODLERS reward (Edited)](https://forum.sovryn.com/t/sip-xxxxx-introducing-insurance-fund-mechanism-and-sov-hodlers-reward-edited/2001/1):
>
> Hello SOVRYN citizens, my name is SOV\_HOOLIGAN, been here since Genesis, stalking you from the shadows. I decided to prepare this SIP after having discussions with many active Sovryn holders/stakers. So this is a draft proposal with suggestions that I believe will be beneficial for the future of Sovryn. Alright, there we go: The more SOV comes into circulation, the easier it gets for future people to buy up and stake their SOV, thereby making the earlier stakers less powerful in voting power. O…

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_[View the full topic](https://forum.sovryn.com/t/tokenomics-bitocracy-funding-round/2365)._
