Democracy Referenda V2 #706
| Topic | |
| Proposed Hash | 0x6db74ea34991a306c155f057c640cad3e98096061a3d89b3fd3bb5f44b1937c4 |
| Proposer | |
| Proposer Reserved | 1 DOT |
| Decision Makers | |
| Status |  Decision |
| Actual Module | System |
| Actual Call | Remark |
| Origin | WishForChange |
| Voting Statistics |  Aye 70,772,312.3098702836 DOT  Nay 75,494,106.2806273002 DOT |
| Parameters | [1 items 0:{3 items "name":"remark" "type":"Vec<U8>" "value":"The inflation is currently excessive and this turns off a lot of potential new entrants
A good solution could be to have a fixed supply and then use as inflation a certain percentage of whatever is left
I suggest using as total maximum supply 2.1 billions because it's a funny number and it's related to Bitcoin
Let's assume at the moment we have 1.4 billion tokens, that means that we have 700 million left to use as rewards
I think a good number for inflation could be 10% of whatever is left, so on the first year the staking rewards distributed will be 70 millions (10% of what is left) and then on the next year because only 630 millions will be left only 63 million will be distributed, etc.
So we never run out of tokens because the amount distributed always get less and less but we have an absolute total cap and this will probably make polkadot more appealing for a lot of people" } ] |
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