RE: RE: How To Improve HIVE Monetary Policy
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RE: How To Improve HIVE Monetary Policy

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6y

OH, that's nice! So using staking rate (HP/HIVE) to dynamically control inflation rate (using burns to reduce programmed inflation). This is exactly the mechanism used on Tendermint chains, so that's kind of nice.

My only problem with this is it doesn't directly create buying pressure, so it's not as robust in terms of being directly tied to economic activity as "selling ads to get money to buy tokens to burn." But on the flip side, it sounds like something that could be programmed, rather than managed, which in general is better for decentralization. Managed things tend to get corrupted eventually.

@shanghaipreneur: OH, that's nice! | Ecency