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Proposal #265

August 2024 Inflation Update Proposal

PassedParameter Change Proposal

Passed on 08 Aug 2024 with 91.5% of the votes for yes.

Yes

91.5%

98.1% without abstain

Veto

0.0%

of votes cast

Ended

08 Aug 2024

The ballotvotes cast · final tally
Yes

91.53%

of votes cast

Abstain

6.73%

of votes cast

No

1.73%

of votes cast

Veto

0.00%

of votes cast

Background and Context

The last inflation and community pool update was completed with [Hidden link] and [Hidden link] at the end of December 2023. One goal of these proposals was to bolster the Community Pool and at the time of this proposal it currently sits at ~8.9m AKT.

Proposal

After initial [Hidden link] around decreasing inflation while raising Community Pool tax, the cleanest path forward is to decouple the inflation parameter adjustments from any Community Pool tax changes. The changes in this proposal are:

  1. Decrease inflation minimum from 13% to 8%
  2. Decrease inflation maximum from 20% to 13%.

Thank you to all the community members for the thoughtful feedback.

Timeline

  1. Submitted01 Aug 2024
  2. Voting started01 Aug 2024
  3. Voting ended08 Aug 2024
  4. Deposit deadline15 Aug 2024

Proposer

Address
Deposit1.0K

Rules

Not recorded for this proposal.