Akash Network

Microservice

Proposal Details

Proposal #265

Passed

Proposal title

August 2024 Inflation Update Proposal

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

91.53%

Proposal #265 description

Background and Context

The last inflation and community pool update was completed with Proposal 240 and Proposal 241 at the end of December 2023. One goal of these proposals was to bolster the Community Pool and at the time of this proposal it currently sits at ~8.9m AKT.

Proposal

After initial discussions around decreasing inflation while raising Community Pool tax, the cleanest path forward is to decouple the inflation parameter adjustments from any Community Pool tax changes. The changes in this proposal are:

  1. Decrease inflation minimum from 13% to 8%
  2. Decrease inflation maximum from 20% to 13%.

Thank you to all the community members for the thoughtful feedback.

Proposal #265 overview

Total votes
1,994
Voters
1,978
Total deposit
1,000 AKT