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Proposal #10

SIP-10: Inflation reduction to promote sustainability

RejectedParameter Change Proposal

Rejected on 16 Aug 2022: only 47.1% of the decisive votes said yes.

Yes

43.9%

47.1% without abstain

Veto

1.2%

of votes cast

Ended

16 Aug 2022

The ballotvotes cast · final tally
Yes

43.86%

of votes cast

Abstain

6.90%

of votes cast

No

48.02%

of votes cast

Veto

1.22%

of votes cast

We propose to decrease the inflation from 37% to 23% at the time of writing. Currently the inflation is too high and not substainable for long term network growth. The new inflation model can be found here : [Hidden link] Discussion about this inflation model can be read here [Hidden link] The curve will meet the same exact point after a duration so there is no impact for long term holders.

*Vote YES if you think the inflation should be reduced to 23%.

*Vote NO if you think the inflation shouldn't be reduced.

*Vote ABSTAIN if you don't have a strong opinion about the subject.

*Vote NO WITH VETO if you think this proposal is harming the network and the depositor should be slashed for submitting it.

Proposed by A4ADAO, special thanks to EveryQuit / DB / GreyWolf

Timeline

  1. Submitted02 Aug 2022
  2. Voting started02 Aug 2022
  3. Voting ended16 Aug 2022
  4. Deposit deadline16 Aug 2022

Proposer

Address
Deposit500.0K

Rules

Not recorded for this proposal.