Proposal Details

Proposal #239

Passed

Proposal title

Stargaze Thirdening: Staking Supplement Funding

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

94.33%

Proposal #239 description

As we approach the next Stargaze Thirdening on January 1st, 2024, daily STARS emissions will be reduced by 1/3. This will have the following impact on the STARS token and it's inflation:

  • Daily emissions will drop from 730k to 487k STARS per day. This will result in a yearly inflation of 7.21% (which is lower than other major Cosmos chains like ATOM or OSMO)
  • The issued supply on January 1st 2024 will be 2.46B Stars, or put differently, 82.2% of the total supply will be issued.
  • The community pool currently holds 817M STARS, which is about 1/3 of the current supply. (POL initiatives like the Liquidity DAO, staking supplementation or a potential future fundraiser will help to downsize the bloated CP.)

Following Prop #165 - Tokenomics 2.0 6 months ago the supplement pool was funded with 18M STARS to cover for six months, this prop requests 40M STARS to be supplemented at a rate of 7.46 STARS/block which will cover 2024.

Account to be funded is the supplement pool: https://rest.stargaze-apis.com/cosmos/auth/v1beta1/module_accounts/supplement_pool

Discussion Thread: https://commonwealth.im/stargaze/discussion/14600-supplementing-stakers-for-the-emission-cut-after-the-sg-thirdening

Tokenomics Doc: https://docs.google.com/spreadsheets/d/12zFTYowqDBOlUNvfaWSvXH3mhsFKemWRuA3uqAYKpyY/edit?usp=sharing

Proposal #239 overview

Total votes
1,805
Voters
1,777
Total deposit
50,000 STARS

Proposal #239 votes

#

Validator

Account Address

Options
1Bro_n_BroYes
2Virtual HiveYes
3Hathor NodeAbstain
4CosmostationYes
5Chorus OneYes
6BlueStake 🚀 | 100% insuranceYes
7Coinage x DAICYes
8InterblocNo
9Oni ⛩Yes
10Kalia NetworkYes
11mahofYes
12Cypher CoreYes
13Citadel.oneYes
14Empower Validator ♻️ | 20% to plastic waste cleanupsYes
15AllnodesYes
16GraviDAO Community with Slashing ProtectionYes
17#decentralizehk - DHK daoYes
180base.vcYes
19Army IDsYes
20CryptoCrew Validators ✅Abstain
21a41Yes
22OldcatYes
23DSRVYes
24testovichYes
25PFC - Stake for $SOUL airdropYes
26PUPMØSYes
27PoS NodeYes
28CrosnestYes
29KleomedesAbstain
30Cosmos Spaces ☮️ 💜 ⚛️Yes
31StakecitoYes
32Ubik CapitalYes
33ValiDAOYes
34WhisperNode 🤐Yes
35SGTstakeYes
36White Marlin StakingYes
37KeplrYes
38rektDAOYes
39KingSuperYes
40ch0pch0pNFTYes
41BlackhoxYes
42Smart Stake 📈📊Yes
43StakerHouseYes
44WitvalYes
45D-StakeYes
46in/habitants 🌐Yes
47Stakewolle.com | Auto-compoundYes
48StakeAngleYes
49ArcpoolYes
50NakoTurkYes
51Broxa ⚛️ - Ru-Speak Community / SUNREN 🌤️🐳Yes
52moonsoonYes
53web34everYes
54POSTHUMAN ꝏ DVSYes
55QuebecYes
56GATA DAOYes
57EZ StakingNo
58Imperator.coYes
59alkadetaYes
60dreamstakerYes
61OranG3cluBYes
62n1stakeYes
63AutoStake 🛡️ Slash ProtectedYes
64STAKECRAFTYes
65TuzemYes
66SydYes
67polkachu.comYes
68UniqNodesYes
69🦊 The Silver FoxYes
70ushakovYes
71max999Yes
72✪ramuchi.tech✪Yes
73MantiCoreYes
74CryptoDungeonYes

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