Proposal Details
Proposal #294
Passed
Proposal title
Update inflation rate on the network
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
100.00%
Proposal #294 description
This proposal would zero the 1% Base Inflation rate parameter (Tendermint + Signing). This would effectively reduce network inflation from 4.8% to 3.8%, annually. https://community.axelar.network/t/set-base-inflation-to-zero/3334?u=axelar-foundation
Proposal #294 overview
Total votes
590
Voters
589
Total deposit
2,000 AXL