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Treasure Wants to Print More. Multiple DAOs Already Did That

Treasure Wants to Print More. Multiple DAOs Already Did That

Treasure proposes printing 49.8% more MAGIC: up to 173M tokens, about $14.0M at current price. The first 100M (about $8.1M) would be minted in Feb 2027. The vote runs Nov 18 to Dec 2.


We priced the new tokens from 10 earlier DAO votes on the vote day: about $1.6B in total. The biggest was Synthetix: $495M over 2 years of inflation.


A year later 7 of 10 traded lower. The median token fell 55%, the median top-100 altcoin 52%. Up: Render (+226%), Kyber (+23%) and MANTRA, before its April 2025 crash.