Celestia proposes PoG model: can reduce token issuance rate from 5% to 0.25%

Celestia co-founder John Adler proposed on X platform to use Proof of Governance (PoG) as the ultimate solution for liquid tokens (LSTs). This proposal involves changes to the Celestia protocol that can significantly reduce unnecessary token issuance from 5% to 0.25% without compromising protocol security. This change will also achieve seamless equivalence with LST, allowing TIA to be used more conveniently in Celestia's native DeFi ecosystem. In addition, by enriching data availability (DA) throughput and vertically integrating with the execution layer and applications, this change will help Celestia accumulate value through revenue (REV) and fees.