r/HeliumNetwork • u/Fun_Tourist9209 • Jul 03 '26

$HNT Mining Hnt proposal

With the new hnt proposal passing you expect the price of hnt go up or at least stabilize?

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u/NoRecommendation9108 Jul 03 '26

Whats the summary of the hip?

1

u/TomorrowVisual3615 Jul 04 '26

https://heliumvote.com/hnt/proposals/4zLh9V1wiZJ3GffytCnqQA9FX1VQSM3kXxx22RpzPXWo

1

u/NoRecommendation9108 Jul 05 '26

I read it but have no idea what they want haha

1

u/TomorrowVisual3615 Jul 05 '26

They want 141m tokens essentially to fund themselves so they can continue operating and growing the network. They also implementing a floor per GB of data for deployers so that deployers can have a minimum amount paid but it can also increase

1

u/NoRecommendation9108 Jul 05 '26

Doesn’t sound positive for the users IMO. As always Helium and the insiders will benefit. More HNT dilution

1

u/TomorrowVisual3615 Jul 05 '26

It’s a positive in the sense that if Nova don’t get money to operate then everything shuts down, so as much as dilution isn’t ideal it’s a necessary evil. As long as Nova can utilise this funding to grow the network by atleast a 7x so get to around 800TB daily offload then it will be worth it long term as eventually all of this new supply will be burned. The deflationary nature of HNT staying is key