an autoburn system for the Supply. I’m asking because CSPR looks very inflationary with that 10% apy which added tokens to the supply and also all crypto assets are reported at US dollar. That means we have 10% inflation from token and other 8.4% from US dollar. How this problem is gonna be resolved? Even though there is adoption for long term is not sustainable. Please an admin answer.😆
Hey Sergiu. There are no plans to burn tokens nor to reduce the inflation rate. The inflation is necessary to reward validators for validating transactions and securing the network. This can change in the future if it emerges as a CEP (Casper Enhancement Proposal - https://github.com/casper-network/ceps).
Ok, the inflation is necessary for validators, but how about the investors! Theoretically As an investor I am a part of the project, but if I investe 1 dollar which is gonna be affected by the inflation is not gonna be ok. Are you thinking only at validators ( which mostly could be big companies) or every investors? How could you talk people about how CSPR could become if they have only disadvantages?
I'm afraid we can't use investment language here, Sergiu. You can stake your CSPR with a validator to receive ~10.7% APY.
Man… please do not me like this because I pointed something very serious
Hey, friend! You speak very good!
The reason there is inflation, is to incentivise people to stake on the network. As a PoS network, this is necessary. If you stake your CSPR, you, just like all the other delegators (and validators on a commission basis) will receive rewards. Again, please refrain from using investment language here.
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