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Proposal #6

Inflation parameter changes according to Sentinel token economics model

PassedText Proposal

Passed on 20 Sept 2021 with 100.0% of the votes for yes.

Yes

100.0%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

20 Sept 2021

The ballotvotes cast · final tally
Yes

99.98%

of votes cast

Abstain

0.00%

of votes cast

No

0.00%

of votes cast

Veto

0.01%

of votes cast

Sentinel planned token economics model was published before mainnet launch, in the publication it explained the periodical decrease to the annual inflation rate by 6% for every 6 months until it reaches 13% since the mainnet launch date. If this proposal passes, the Sentinel Hub Software Upgrade - 2 will apply the following changes by introducing a custom mint module.

Current values: Max inflation rate: 55% Min inflation rate: 49%

New values: Max inflation rate: 49% Min inflation rate: 43%

Timeline

  1. Submitted06 Sept 2021
  2. Voting started06 Sept 2021
  3. Voting ended20 Sept 2021
  4. Deposit deadline20 Sept 2021

Proposer

Address
Deposit500.0K

Rules

Not recorded for this proposal.