Community Vesting

On December, 2022, the Alchemist Council has decided to vest all MIST funding coming from inflation over 3 years (a community vote was held to determine the duration). This is a first for the blockchain space and is a way to further align the interests of the community. Vesting ensures that community members who receive funding through inflation will be incentivized to work on projects that benefit the community over the long-term, rather than just focusing on short-term gains. This helps to align the interests of community members with the long-term success of the community, which the Council hopes will lead to more sustainable and impactful projects being developed within Alchemist.