Secret Network minted 1.079B SCRT overnight to fund its post-SCRT Labs survival plan, cutting existing holders’ share of supply to roughly 25%.
The chain kept producing blocks—but Sept. 1 shifts development and infrastructure responsibility to community backers.
https://cryptoslate.com/layer-1-network-dilutes-supply-by-75-overnight-to-fund-survival-after-main-developer-quits/