Gravity Bridge

Infrastructure

Proposal Details

Proposal #166

Passed

Proposal title

Inflation Adjustment - Set InflationMin to 10% and InflationMax to 20%

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

89.52%

Proposal #166 description

In an effort to curb inflation, proposal 154 adjusted InflationMax to 1% and proposal 155 adjusted InflationMax back to 7%; effectively forcing inflation to 1% where it was free to move back up based on bonding conditions.

Since these changes took effect, several concerns have been raised. Unbonding has increased, GRAV inflation/compounding via pure staking is important to users, and validator commissions, in many cases, no longer cover the cost of running a validator.

In an effort to alleviate these concerns, and work toward a mutually beneficial inflation range, it is now being proposed that InflationMin be raised to 10%, and InflationMax be raised to 20%.

Proposal #166 overview

Total votes
815
Voters
802
Total deposit
40,000 GRAV