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![image.png](https://files.peakd.com/file/peakd-hive/clayboyn/M7FR3WSB-image.png)
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Over the past two years, the PAL team have been giving PALcoin to the community freely as a means to allow users to accumulate stake.  We feel that after the adjustments made to the initial distribution (including cutting total supply by approximately 2/3rds and reducing the team distribution to around half of the original amount) while also running multiple additional airdrops to PAL holders, we've accomplished the goal of decentralizing the token freely to the best of our abilities.  So you might be wondering, what's next?

We have some exciting new changes coming to PALcoin that should make those of you that have been accumulating over the past 2 years very happy! We will be cutting inflation by 75% going forward, we will also be putting a much heavier emphasis on staking and mining, and we should also see the first dApp that will be using the PAL token exclusively release within the next week or so.

Over the next week you can expect to see a revamped whitepaper to reflect the post-distribution phase of PAL's new changes.  There will also be an announcement about a cool new dApp for the HIVE ecosystem that will not only give incentives for holding PAL, but also offer opportunities for PAL holders to grow their stake in multiple ways while adding significant utility to the token and a new tool unique to the HIVE blockchain.

It's taken a while to get the token distributed as fairly and freely as we could and of course developing new dApps takes time, but hopefully you have been hanging in there and collecting your PAL tokens.  Over the next couple of weeks, things are going to get a lot more interesting.  Thanks for being a part of our community and happy HODLing!