I thought about a proposal to reduce the reduce the
XXXXXXfrom the current value of0.0003%to0.0002%as a way perhaps to delay the end of inflationary rewards. Would this need a LIP @yondon? What do you think, @dob @ericxtang?
This is exactly the type of the change that the LIP process is for. This way the community knows how and where to discuss this as “pre-processing”, before getting to a solid proposal that can be voted on in a poll, and then enacted if it passes.
As to the subject of reducing inflation change itself - it’s one approach. Another would be to raise the “floor” of what inflation can drop to from 0% to something higher. I don’t know what that would be, but let’s just say an arbitrary number like 4%. Or perhaps both of these could be combined. The underlying reason why something like this could be considered is because it’s taking longer to bootstrap the demand side of the network than the current curve allows for continued inflation. So therefore those who stick around to continue to run the supply side should continue to accrue stake in the network for doing so, prior to there being significant fees flowing through to compete for.