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Proposal #21

Infaltion Update 4.0

PassedParameter Change Proposal

Passed on 25 Jun 2022 with 99.4% of the votes for yes.

Yes

99.4%

99.8% without abstain

Veto

0.0%

of votes cast

Ended

25 Jun 2022

The ballotvotes cast · final tally
Yes

99.39%

of votes cast

Abstain

0.36%

of votes cast

No

0.23%

of votes cast

Veto

0.01%

of votes cast

Overview/nOur last inflation update was submitted earlier this year on 1/05/2022 and went live on 1/19/2022, which made the following changes: /nInflation Max: from 40% to 25% /nInflation Min: from 25% to 15% /n/nFull details of the last proposal can be found [Hidden link] /n/nSince the dynamic inflation feature that was supposed to be released with Mainnet 3 didn’t make it into production due to technical issues, we will be submitting consistent proposals until dynamic inflation is up and running. /n/nTotal AKT supply at the time of this writing is 191,393,848 vs a modeled AKT supply of 180,584,729, which is a difference of roughly ~11 million AKT. This difference, before inflation proposal 3 (in January 2022), was ~10 million AKT and indicates that the difference between actual vs modeled inflation is no longer accelerating, but decelerating. /n/n# Proposal /nTo keep on track, we are proposing the following changes with the 4th inflation update: /nInflation Max: from 25% to 15% /n Inflation Min: from 15% to 5% /n/n # Looking Ahead /nLooking ahead, we’ll likely submit one (1) inflation update roughly once every 3 months with inflation proposal 5 going up for voting in/around September/October of 2022.

Timeline

  1. Submitted18 Jun 2022
  2. Voting started18 Jun 2022
  3. Voting ended25 Jun 2022
  4. Deposit deadline02 Jul 2022

Proposer

Address
Deposit1.0K

Rules

Not recorded for this proposal.