[Proposal Idea] Validators! call set Inflation down

temperature check to change inflation from 8 to whatever

Casper is over paying stakers substantially for their services. Months of high inflation in the bear market have barely budged the staking rate.

Reducing the staking rate should be a boost to LSM adoption and will hopefully drive more users

yes
nein

4 Likes

What do you mean by “LSM adoption”?

IMO this proposal lacks essential information and reasoning. Since you’re stating “overpaying” I conclude you want to lower the inflation rate to below 8% as it is right now?

The inflation rate does not only affect stakers but also node operators since the delegation rate takes a percentage of the rewards of the stakers. Smaller nodes are suffering already or stopped operations because of this. Bigger nodes and/or stakers could have the resources and maybe needs to cover expenses or just take other better opportunities and move as well.

So setting the inflation rate eg. from 8% to 4% (50%) would also cut rewards for everyone by 50% making the chain even less attractive because I think at the current state this is harming the chain even more. From what I read over the time only a few people complained about the inflation rate being too high, nobody took the time and effort to think this through and write a proposal with reasons why this should be better and for whom.

This project IMO has many (MANY!!!) other issues which also have a much bigger impact and focus should go there unless someone can really give valid reasons why a lowered inflation rate will fix existing issues.

So with my current knowledge and information I have: No → focus on more urgent issues.

2 Likes

in this case probabbly best move would be CA to stop staked to bbig. validators and start redelegating to small validators like me. lol

btw never ever been i do a forum like this one 114 viewers and not a single discussion apart from you lol