Treasure wants to mint about 50% more MAGIC. Its own proposal says the burns won't cover it.
TIP-63, posted Nov. 4, would turn the old web3 gaming ecosystem into a DePIN "agent runner." Nodes called towers stake 200,000 MAGIC plus a Legions Genesis NFT to keep AI-run game worlds alive, and get paid in USDC for compute.
The ask: 173 million new MAGIC. 100M mints to the Treasure Foundation on Feb. 3, 2027 after audits, and 73M unlocks on milestones. Add staking inflation starting at 5% a year and 500 fresh Legions NFTs for the DAO.
A quarter of compute fees get burned. Per the proposal, those burns "do not offset the Strategic Growth Fund mint in any modeled scenario." Comments close Nov. 18, voting ends Dec. 2.
The pitch is game worlds that outlive their creators. The dilution is built to last too.