Proposal Details

Proposal #142

Passed

Proposal title

Reduce minimum inflation and tune inflation parameters

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

98.95%

Proposal #142 description

The goal of this proposal is to set a more active issuance policy for Gravity Bridge. Where the community actively works and passes futures proposals to dial in the minimum viable issuance of new Grav for chain security. The CosmosSDK mint module adjusts inflation up or down between a configured minimum and maximum value based on a bonding target. This proposal

Leaves current inflation unchanged
Leaves the maximum rate of inflation at 7%
Changes the bonding target from 38% -> 42% to account for inflation reducing the relative size of the community pool
Sets the minimum inflation from 4% -> 1%
Modifies the maximum rate of change from 0.83% per month -> 8.33% per month

What this means is that within a month of proposal passing Grav inflation will be set at 1% But this is not intended as a final fixed number. If 65M or more Graviton are unbonded (bringing us below the new 42% goal bonded target) inflation would quickly return to 7%. If 1% issuance is found to be too low to maintain chain security another proposal should be submitted to raise the value.

Proposal #142 overview

Total votes

733

Voters

721

Total deposit

1,000 GRAV

Proposal #142 votes

#	Validator	Options
1	DO-NOT-DELEGATE	Yes
2	Please Redelegate	Yes
3	BlockHunters 🎯	Yes
4	✅ CryptoCrew Validators 🏆 Winner #GameOfChains	Yes
5	blockscape	Yes
6	0base.vc	Yes
7	Winter Validator	Yes
8	MTnode	Yes
9	azstake	Yes
10	Lavender.Five Nodes 🐝	Yes
11	cyberG	Yes
12	Archived validator - Please redelegate away	Yes
13	[SHUTTING DOWN] AUDIT.one	Yes
14	Stakewolle.com \| 100% insurance	Yes
15	Vitwit (Previously Witval)	Yes
16	Cosmostation	Yes
17	none	Yes
18	Malina-validator	No With Veto
19	Midora	Yes
20	redelegate_please	Yes
21	LOALabs	Yes
22	web34ever	Yes
23	CosmoWiz	Yes
24	REDELEGATE_PLEASE	Yes
25	Ubik Capital	Yes
26	REDELEGATE \| CLOSING 01/10/23	Yes
27	Nodiums	Yes
28	Bro_n_Bro	Yes
29	Redelegate	Yes
30	TAKESHI	Yes
31	MaxFoton nodes	Yes
32	KalpaTech	Yes
33	Army IDs	Yes
34	Chainnodes	Yes
35	OtterSync	Yes
36	BigBro	Yes
37	Blockscope 🌱 Slash insurance	Yes
38	Crypto Plant	Yes
39	x3m	Yes
40	Djo	Yes
41	Active Nodes	Yes
42	Anonstake	Yes
43	amhost.net	Yes
44	Bloclick \| autocompound on restake	Yes
45	Pro-Nodes75	Yes
46	Cosmos Cats 🐈	Yes
47	KingSuper	Yes
48	blitmore	Yes
49	agosabe	Yes
50	pathrocknetwork	Yes
51	Yurbason	Yes
52	linak	No With Veto
53	goto5k	No With Veto
54	Cypher Core	Yes
55	bramz \| CryptoSailors🐬	Yes
56	AVIAONE.com 🟢	Yes
57	Althea_scam	Yes
58	ggwp	Yes
59	Stakers	Yes
60	Weyoun	Yes
61	RandomBits	Yes
62	PS350	Yes
63	Architect Nodes	Yes
64	coriander	Yes
65	🪐ramuchi.tech🪐	Yes
66	thosmos	Yes
67	axcel42-node	Yes
68	Firstcome	Yes
69	Cros-nest	Yes
70	MZONDER	Yes
71	Cybernodes High Yield	Yes
72	Stake-Take \| auto-compound	Yes
73	Swiss Staking	Yes
74	Haqq Association	Yes
75	👽Stigga👽 Restake Enabled ⚡️	Yes
76	POSTHUMAN ꝏ DVS	Yes
77	Stakin	Yes
78	Inter Blockchain Services	Yes
79	cyberomanov	Yes
80	MMS	Yes
81	StingRay	Yes
82	MCB \| mcbnode	Yes
83	🔥STAVR🔥 REStake ON✅	Yes
84	Validators United	Yes
85	Teku	Yes
86	bitszn	Yes
87	2xStake.com	Yes
88	Spectrum	Yes
89	wombat	Yes
90	Goooodnes	Yes
91	1ce	Yes
92	👋 79anvi 🍀	Yes
93	StakeAngle	Yes
94	medium	Yes
95	polkachu.com	Yes
96	REDELEAGTE BEFORE OCT 20TH 2023	Yes
97	testovich	Yes
98	unstaked	Yes
99	kooltek68	Yes
100	AlxVoy ⚡ ANODE.TEAM	Yes

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