Pavel Durov: “After my last post, some people expressed concern that by selling ads exclusively for TON, Telegram could end up holding an unhealthy share of Toncoin, which would be too concentrated for a decentralized ecosystem. We acknowledge these concerns and have found a solution.
To limit Telegram's stake in TON to ≈10% of supply, we will sell future surpluses of our TON assets to long-term investors - consistent with a 1-4 year lock-up and rollover plan, but at a discount to market price. . Thus, the free-floating TON will be blocked, which will stabilize the ecosystem and reduce volatility.”
