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This is the response from the Uniswap team. I think if all 3 steps are successful, then uniswap will be deployed on Moonbeam Uniswap governance has 3 steps: 1. Temperature Check 2. Consensus Check 3. On-chain Quorum The first step has successfully passed 🎉 , but there remains two more steps until Uni V3 can be deployed on Moonbeam. We will roll out the Consensus Check post soon, but one thing that would help is to engage with the Uniswap community and support these proposals by voting if you are a $UNI holder 🙂

cryptonic1 india
Glmr token can't mint any more right. @turrizt

Moonbeam targets a 5% annual inflation rate and, as such, has an uncapped token supply

turrizt |NEVER DM YOU FIRST
This is the response from the Uniswap team. I thin...

Step 2 consensus check also passed the voting with more than 9 milj votes. I saw this in a snapshot. So than the next step would be the on-Chain quorum. What is this exactly?

turrizt |NEVER DM YOU FIRST
Moonbeam targets a 5% annual inflation rate and, ...

You mean around 50million token supply will be increased next year? Am I right sir? @turrizt

Kevin Vermeere
Step 2 consensus check also passed the voting with...

I think this is the final vote that will decide whether uniswap will be deployed on Moonbeam or not

Will it be increased in one time or will be slowly in any time manner? @turrizt

cryptonic1 india
Will it be increased in one time or will be slowly...

Moonbeam targets a 5% annual inflation rate and, as such, has an uncapped token supply. This means that total supply is already higher than 1B

turrizt |NEVER DM YOU FIRST
Moonbeam targets a 5% annual inflation rate and, a...

My mean to ask 5% will increased all in one time... Or will increase slowly??

cryptonic1 india
My mean to ask 5% will increased all in one time....

it's increasing in each round i think, at the rate of 5 % apy so approximetely 5/365 % per day

6 hours, but that doesn't matter let's say the target is 5 % apy inflation which is minimized or even eliminated by the burn on transactions

Warren au buffet
6 hours, but that doesn't matter let's say the tar...

Got it...great ecosystem.... I am a big holder that's why I was worring all about it

cryptonic1 india
Will it be increased in one time or will be slowly...

Alot of fellow gets confused with APR and APY.. nomenclature wise both are slightly difference... But for the sake of simplicity a consensus prevail.. So, APY is associated with Yeilds. Yeilds (a.k.a rewards) are produced every block by Node operators/Collators. There's a whole buch of production functions and equation that governs the Yeilds. So if it's written 6 percent APY , then the reward which is going to be generated by Node operators/Collator For let's say 1500 GLMR staked. 6% of 1500 = 90 GLMR in a year (assuming 6% to remain the same throughout the year) Which means 90÷365 = 0.25 GLMR per day.

Consensus check closed

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