### Celestia's Radical Governance Overhaul Amid Struggling Price 🔍

Celestia (TIA) has stirred controversy with a provocative proposal from co-founder John Adler to abandon Proof-of-Stake in favor of a new model called "Proof-of-Governance." This dramatic shift would entail:

• A 95% reduction in token issuance

• Elimination of staking and on-chain governance

• Implementation of a fee burning mechanism

• Validator rewards driven by off-chain incentives

The proposal emerges as TIA has plunged 92% from its all-time high, with recent price action showing moderate volatility between $1.38 and $1.63. Adding to community concerns, team members are reported to have sold over $100 million worth of tokens following a token unlock period.

Despite assurances from Celestia’s founders that they hold $100 million in reserves—enough to fund operations for more than six years—the timing of this proposal raises eyebrows. Is this truly a tokenomic reform, or merely a smokescreen for a team exit?

This situation highlights the importance of scrutinizing both technical proposals and team behavior when evaluating the fundamentals of a crypto project in today’s volatile market.

?$TIA