# AIP-05：Proposal the new tokenomics of ALD **URL:** \ **Category:** Aladdin Improvement Proposals\ **Created:** [May 24, 2023, 5:21am UTC](https://forum.aladdin.club/t/aip-05-proposal-the-new-tokenomics-of-ald/413 "2023-05-24T05:21:27Z")\ **Posts on this page:** 1\ **Showing post:** 14
**Author:** ![mr.masa](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.aladdin.club/mr.masa/32/56_2.png) [@mr.masa](https://forum.aladdin.club/u/mr.masa)\ **Post date:** [November 15, 2023, 3:33pm UTC](https://forum.aladdin.club/t/aip-05-proposal-the-new-tokenomics-of-ald/413/14 "2023-11-15T15:33:54Z")
I calmly consider this idea again. If we decrease $ALD supply from 1B to 150M, I think we parallely need to set a backup plan to grow your treasury as Investment DAO because we give up $ALD as investment treasury in short-term. We don’t have “Geico” of Berkshire Hathaway yet, capital generation engine for token investment. A key is how we can scale f(x) as fast as possible because the revenue is stETH, low risk asset in Web3. My long-term expectation for f(x) is to function like “Geico” of Berkshire Hathaway for Aladdin DAO. If f(x) goes to Stability Mode over one year in next bear cycle, f(x) cannot be “Geico”. Eventually, this $ALD supply reduction will make Aladdin DAO fail to scale. That’s very sad scenario which we want to avoid. If we can pass my fee improvement proposal of f(x), I’ll support this idea because I believe Vol.4 Fee model will enable us to scale f(x) much faster in the next bear cycle. For your reference, here is my Fee Vol.4 proposal of f(x). > [@Improvement Proposal: Fee Vol.4 for f(x)](https://forum.aladdin.club/t/improvement-proposal-fee-vol-4-for-f-x/446): > > Summary To apply new fee model for f(x) Protocol to scale in the market bear cycle. Motivation The background of this new fee model is this: To scale f(x) protocol, we have to design fee table which motivate investors to mint xETH in the bear cycle of Web3 market. It’s because Web3 market bear cycle will be a key growth phase for f(x) as same as UST in LUNA. Based on the current fee structure, fETH will go into “disabled” with Stability Mode when ETH goes into the long-term bear cycle, whic… --- _[View the full topic](https://forum.aladdin.club/t/aip-05-proposal-the-new-tokenomics-of-ald/413)._