On today‘a call, I floated the idea of accelerating the timeline of switching off LEO inflation and turning on the System Income Rewards Pool
TLDR; in the docs it is written that when LEO reaches 50M there is the max possible supply. More coins can exist beyond 50M.
When said time is reached, SIRP replaces the inflationary rewards pool
What if that time came sooner? It would mean that the inflation of LEO would cease immediately and all rewards would be paid via system income.
This is not an official poll, just for my curiosity. Would you vote yes or no to accelerate this?
LeoDex revenue would need to grow immensely in the near future to make it feasible
I think we are too early for this. Low rewards can send many users to post less. We are past the most inflationary years. $LEO should be fine as it is.
That's a hard decision... if there was enough coming from leodex Then I would say yes. Though to tell you the truth I don't have me mind completely wrapped around the mechanics of it so, I wouldn't be able to say yes or no with confidence.