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Proposal #39

Reduce inflation by removing base and bonus proposer rewards

PassedParameter Change Proposal

Passed on 18 Oct 2023 with 38.6% of the votes for yes.

Yes

38.6%

59.4% without abstain

Veto

0.0%

of votes cast

Ended

18 Oct 2023

The ballotvotes cast · final tally
Yes

38.56%

of votes cast

Abstain

35.11%

of votes cast

No

26.33%

of votes cast

Veto

0.00%

of votes cast

We propose to reduce inflation by reducing base and bonus proposer rewards to 0 and increase the community tax by this amount. Delegator rewards will NOT be affected as this only changes the extra reward a validator gets for proposing a block. Validator commision will NOT be affected as the validator regardless of the proposer rewards always gets a commission. Making the base and bonus proposer rewards to 0 and the community tax to 7% we have an effective reduction of 5% inflation WITHOUT REDUCING THE APR/APY FOR STAKERS. Community pool tokens are locked up and can ONLY be unlocked by a governance proposal

Vote YES if you agree with removing proposer rewards Vote NO if you disagree with removing proposer rewards Vote ABSTAIN if you refrain from voting Vote NO WITH VETO if you see this proposal as harmful or spam

[Hidden link].

Timeline

  1. Submitted01 Oct 2023
  2. Voting started11 Oct 2023
  3. Voting ended18 Oct 2023
  4. Deposit deadline15 Oct 2023

Proposer

Address
Deposit500.0K

Rules

Not recorded for this proposal.