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Proposal #28

Inflation adjustment proposal - 3

PassedParameter Change Proposal

Passed on 12 Jul 2023 with 92.8% of the votes for yes.

Yes

92.8%

99.1% without abstain

Veto

0.0%

of votes cast

Ended

12 Jul 2023

The ballotvotes cast · final tally
Yes

92.81%

of votes cast

Abstain

6.30%

of votes cast

No

0.85%

of votes cast

Veto

0.03%

of votes cast

After several community voting procedures, it has been inferred that the ideal rate for inflation as proposed by the majority is a target of 15%. This proposal aims to amend the current max inflation rate from 37% to 15%, the min inflation rate from 25% to 12%, and the rate of inflation change to 3%. This trend of inflation reduction has been prevalent in the Cosmos ecosystem and a good reference would be the inflation rate reduction of the Akash network that happened earlier this year.

Vote YES if you agree that inflation should be reduced. Vote NO if you don't want this inflation reduction. Vote ABSTAIN if you forfeit your vote. Vote NO WITH VETO if you see this proposal as spam/harmful.

Timeline

  1. Submitted05 Jul 2023
  2. Voting started05 Jul 2023
  3. Voting ended12 Jul 2023
  4. Deposit deadline19 Jul 2023

Proposer

Address
Deposit500.0K

Rules

Not recorded for this proposal.