Update inflation rate on the network
passed
Expected result
—
Turnout / Quorum
62.54% / 33.40%
100.00%
358 125 612 axl
Yes
0.00%
212 axl
No
0%
0 axl
Veto
0.00%
1 678 axl
Abstain
Details
Proposer
-
Total deposit
2 000 axl
Submit time
2025.03.25 at 07:03:39
Deposit end time
2025.03.25 at 08:03:39
Description
This proposal would zero the 1% Base Inflation rate parameter (Tendermint + Signing). This would effectively reduce network inflation from 4.8% to 3.8%, annually. https://community.axelar.network/t/set-base-inflation-to-zero/3334?u=axelar-foundation
Votes
Voter
Answer