Akash put its move off Cosmos to a stake vote, and 97% of the votes cast said yes. Warden made the same kind of move four days earlier, shutting its own chain and swapping open-ended inflation for a fixed supply on Base. NEAR’s stakers backed a lower issuance ceiling, and Render’s AI gateway cleared its first vote.
What shipped this week
NEAR’s stakers voted to cut the issuance ceiling, and nobody voted against. House of Stake proposal HSP-029 closed on 2 November 2026 with about 3.29 million in voting power for it and none against, lowering NEAR’s maximum annual issuance from 2.5% to 1.6% over 24 months. New issuance is what dilutes a holder who doesn’t stake, so a lower ceiling slows that leak. Nothing changes yet: a veto window runs to 16 November, then a 90-day grace period, and validators still have to adopt the upgrade. NEAR review
Render’s AI gateway cleared its first vote. RNP-024 closed on 31 October 2026 with every vote in favour of Forth, an OTOY-built gateway that sends AI work to Render’s GPUs and takes payment in RENDER or USDC through the x402 protocol, with no account needed. It gives RENDER a direct line to AI demand, backed by up to 500,000 RENDER in usage incentives and 150,000 for marketing, and the proposal says the emissions cap doesn’t rise. Only five wallets voted, one cast about 70% of the total, and together they held under 0.5% of supply. Render review
Nillion’s new Korean listing became its biggest venue within days. Upbit opened a NIL/Korean won market on 27 October 2026, and by 30 October won pairs carried about a quarter of NIL’s traded volume on CoinGecko, with Upbit ahead of Binance. A deeper local market makes NIL easier to buy and sell, and the wider venue list lifted its Liquidity score this week. Day-three volume was a seventh of day one, so that depth is still settling. Nillion review
Leaving your own chain
Within five days, two networks we cover chose to stop running their own blockchain.
Akash went to a vote. Proposal 346 closed on 2 November with 97.3% of votes cast in favour, and about 70% of staked AKT took part:
AKT becomes a Solana token once its audits finish, which Akash expects two to three weeks after the vote, through a one-way portal open for two years.
Nothing moves yet. Leases, staking and governance stay on the Cosmos chain until a second, separate cutover proposal passes.
Our review needs updating. It recorded the move as a founder announcement with no vote behind it. That criticism is now out of date.
Warden migrated. WardenChain halted on 29 October and WARD now lives on Base, BNB Chain and Robinhood Chain. We read the Base contract: it minted a fixed 2 billion once, the three chains sum to exactly that, and there’s no public mint left to inflate it. 918.8 million WARD, 46% of supply, sits unissued in a Safe that two of three signers control, with no release schedule in the contract.
What changes for a holder:
Who secures the token. Akash’s own 79 validators, four of whom hold over a third of stake, give way to Solana’s at cutover. Warden’s validators are already gone.
Who controls new supply. Warden traded an emission schedule for a hard cap, which ends inflation, but nearly half that cap now waits on two signatures. Warden’s Returns score fell a point on it.
Akash took the slower route, and other networks should copy it: holders signed off before anything moved, and a second vote gates the cutover.
Biggest movers this week
7-day change as of 4 November 2026.
Only five of the 38 tokens with a working quote closed the week up, none by more than 9%. Phala and Nillion fell furthest, Phala for a second week running after its post-mortem. ORA’s +465% is a quote that barely trades and isn’t listed, and the same goes for Giza’s frozen price and NuNet’s whipsaw.
Gainers:
ElizaOS (ELIZAOS) +8.2%
OpenServ (SERV) +2.9%
Olas (OLAS) +2.7%
Golem Network (GLM) +0.9%
Ocean Protocol (OCEAN) +0.2%
Fallers:
Phala Network (PHA) -22.0%
Nillion (NIL) -21.5%
io.net (IO) -18.0%
Grass (GRASS) -15.3%
Theta Network (THETA) -14.6%
See all movers: ownyourmind.ai/projects/movers/
What we verified this week
21 re-checks across 15 projects since 29 October, and 13 projects’ scores moved. Two of the re-checks corrected something we had published:
Liquidity is now graded by count. Version 2.2 of our Returns method, published 31 October, places every token by its number of tier-1 exchanges and its seven-day median volume, in place of descriptive tiers. Ten scores moved: six up (ZetaChain, Phala, peaq, Oasis, Nillion, io.net) and four down (Sentient, IoTeX, Heurist, Olas).
Gensyn has audits we’d missed. Trail of Bits has published seven reviews of its token and Delphi contracts since September 2025. Its training protocol and rollup contracts are still unaudited.
NuNet’s Ethereum contract does cap supply. We had said it had no cap guard, but the contract stops each chain’s leg at 1 billion. Nothing caps the three chains together, and that gap is what the 19 September mint used.
ZetaChain’s threshold wallet moved its ETH without a vote. On 15 October it sent its whole ETH balance to one ordinary address after two small test sends. Its BTC hasn’t moved.
peaq’s upgrades run on a 2-of-4 multisig with no delay, and holders have no on-chain vote yet, so its Freedom score fell a point.
See the full integrity board: ownyourmind.ai/integrity/ · How the Returns score works
On the watchlist
Render’s final RNP-024 vote, which closes on 9 November, and whether more than five wallets turn out.
NEAR’s HSP-029 veto window, which ends on 16 November.
Akash’s Solana token launch, expected two to three weeks after the vote, and the cutover proposal that follows.
Allora’s 11 November vesting cliff.
Aethir’s daily ATH burn, due to start this month. We’ll measure the first burns on chain.
Phala’s 19 November deadline for customers to move to the fixed image.
From the site
New liquidity bands. The Returns method now shows the venue count and volume floor behind every Liquidity score: ownyourmind.ai/resources/returns-score-methodology/.
Warden, read after the migration, with the supply now checked on Base: ownyourmind.ai/projects/warden/.
The OYM podcast is on Spotify, Apple Podcasts and the major directories under “Own Your Mind”.
Cheers,
Bobski
Own Your Mind. Independent research on decentralised AI. No sponsors.