Web3 Foundation Controls 40% of DOT -- BURN IT!

It will be very telling to see how Gavin and the Web3 Foundation navigate the growing concerns around tokenomics and centralization.

What many in the community may not realize is that the Web3 Foundation—effectively controlled by Gavin—holds an estimated 640 million DOT, which represents roughly 40% of the total supply. At a modest price of $5 per DOT, the staking rewards from this position alone equate to over $1 million per day.

This raises a serious question: Is there any real incentive for them to decentralize or adjust the current system? The sheer scale of financial control is likely one reason why discussions around price dynamics and token distribution are often shut down or discouraged in official channels.

The original promise of decentralization seems at odds with these outcomes. It's important that the community continues to scrutinize how such concentrated control aligns with the broader goals of a truly open ecosystem.

All the kings horses and all the kings men cannot put this humpty dumpty tokenomics back together again without a massive burn of this W3F supply. How much should be burned? (Answer poll please).

How the 40% estimate is derived:

• a) At genesis, 30% of DOT (~300 million) was allocated to the Web3 Foundation.
• b) Assuming an average staking participation rate of 50%, W3F—with a dominant position—would control roughly 60% of staking rewards over time.
• c) Total DOT supply has increased from 1.0 billion to ~1.6 billion, meaning 600 million DOT have been minted via inflation. If W3F earned 60% of that, it would have received an additional ~360 million DOT through staking.
• d) Assuming a modest 5% spending rate, W3F would retain ~640 million DOT today (300M original + 360M earned − 5%).

This equates to ~40% of the current total supply, a conservative estimate