You are viewing a single comment's thread from:

RE: More on why decreased inflation equates to a lower token price.

in LeoFinance4 years ago

Wait. Ive read about your Magitek coin before in another blog. But it was basically a foreign language. I think I tossed some silly little comment about how I dig the name cause Final Fantasy is cool. After talking to you a bit and reading some of your blogs, I'm starting to learn quite a lot.

If we raise inflation while the token price is undervalued this will automatically bump up the price. If we lower inflation while the token price is overvalued it will lower the price. This is extremely counterintuitive but it is 100% true.

Oof. Yes, that is kinda counterintuitive. But I see you go on to propose a community driven adjustable inflationary schema. I'd be worried about the time frame of 1 year but I understand why, due to the way LPs are setup in a way. If it was all driven by smart contracts and community driven, yeah, I could see it. But man, we've seen communities bicker about the most benign things before.

!LUV