GOVERNANCE PROPOSAL LIVE. MIP - Optimal Token Emission Curve for MTRG Token. Governance Snapshot:.
08 Aug 2023, 18:43
GOVERNANCE PROPOSAL LIVE
MIP - Optimal Token Emission Curve for MTRG Token
Governance Snapshot:
Proposal Duration: Proposal will be active for 2 days - Until August 10, 9:00 AM US Pacific Time
Forum Discussion:
The Meter Network currently has a 5% annual emission which has played a critical role to onboard over 334 validators and 46% staking ratio thereby making the Meter Network more secure. We believe it is time to shift towards a more optimal token emission rate which continues incentivizing network participation and development while also maintaining network security and avoiding inflation
Proposal:
With an aim to shift towards a more optimal token emission rate and introduce a supply cap on MTRG inflation, we propose a logarithmic emission curve. With this proposal to change to a logarithmic curve, the MTRG emission increases rapidly at first, to slow down considerably later, before finally leveling off as it approaches an asymptote over the duration of the curve.
Key Beneficiaries: Meter Community.
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109 Aug 2023, 06:29
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