We are creating a list of variables with the white paper, our intention is that the community can set the variables with their stake weighted votes. The emission rate will be one of these variables, unless of course there is a more elegant way to manage this automatically based on other kpis of the system that are monitored
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In Bitshares and similar networks there is a concept of advisors aka committee which can vote to change global parameters like emission rate. ie, there are users, witnesses and then a committee which governors the system. Not saying its the best or anything, just pointing out that there is a model.