You are viewing a single comment's thread from:

RE: How To Improve HIVE Monetary Policy

in LeoFinance5 years ago

Yes, it is the free faucet perspective that can be combatted by a systematic burn mechanism. Thinking of the inflation pool is being "enough" or not is simply the wrong way to think of it, in my view. Quite simply, the economic bandwidth of that inflation pool is determined more by token price than by inflation rate (by definition). Therefore, we need to counteract sell pressure with buy pressure, thus restoring some of the economic bandwidth.