- internet computer ($ICP) has published a new paper proposing a new tokenomics that will reduce annual inflation by 70% this year.
- It proposes two paths: reducing the number of tokens generated through rewards and increasing transaction fees by up to 5x.
Internet Computer founder Dominic Williams proposed a review of the project's tokenomics in favor of a deflationary environment where nodes receive lower rewards and users pay five times as much for transactions.
In a new paper titled “Mission 70,” Williams and DFINITY Foundation economist Bjorn Assmann say that Internet computers are still stuck in a tokenomics system designed for projects in the bootstrapping phase. They argued that network voting rewards remain high and node operator rewards are very high. moreover, $ICP Only partially offset by burn-through cycles.
This requires a complete overhaul to secure the future of the network, and the DFINITY Foundation believes Mission 70 is a step forward. The goal is to reduce inflation by at least 70% by the end of the year.
Mission 70 White Paper Updated — Proposing 5x Cost $ICPOn-chain computing delivered as a sovereign cloud will continue to be highly competitive.
↗️↗️↗️ Caffeine and the demand for cloud engines
↗️↗️ Cost of on-chain computing
↙️ Inflation (government + node)
🔥 Huge deflation https://t.co/T6HiI2wSUY— Dom Williams.icp ∞ (@dominic_w) February 4, 2026
Williams suggests that Internet Computers first reduce the rewards they give to the node providers who run the network and the governance participants who stake their tokens and vote on proposals. He claims that this approach alone can reduce annual token inflation by up to 45%. It will also reduce continued selling pressure from newly minted tokens.
Most of the community agrees with the reduction in compensation, although debate remains about how excessive the reduction is. Many believe that new tokens are continually diluting the value of existing tokens and that projects struggling on the price charts needed intervention.
$ICP will be traded at $2.52, immersion 5.3% almost the past day 20% Last week alone, the market cap hit $1.38 billion. Initiatives such as Switzerland’s new national subnet launched last month and an AI-focused roadmap to 2026 failed to reignite price gains, and the token fell. 62% Its value over the past 3 months.
dividing the community $ICPmission 70
Deflation goals cannot be achieved through compensation cuts alone. Williams suggests increasing the number of tokens the network burns.
On Internet computers, users do not pay transaction fees directly. Rather, they convert $ICP It is divided into cycles and used for storage and calculations. The tokens used to create the cycle are then burned, reducing the overall supply. But Williams said the burn rate was too low and he wanted to accelerate the network.
The objective of Mission 70 is to increase the cycle price so that each unit of actual activity on the network burns more tokens than before. Williams said fees could increase by more than five times under the new tokenomics.
While there is community consensus on reducing node rewards, increasing fees has been widely criticized. The network is already struggling to attract users, and some say raising prices could drive out remaining projects.
One user said:
…Run your real apps 100% on-chain – Core $ICP Value Proposition – Consumes many cycles and becomes prohibitively expensive as this proposition increases cycle costs by a factor of 5. For most apps, this is 5x the cost to keep it up and running.
Another user pointed out that projects on the network are “already struggling to compete with WEB2, as well as token-based apps. A 5x jump in costs could seriously hurt many of these projects at exactly the wrong time.”
