Autonolas has opened voting for a proposal to reduce the near-term inflation rate of OLAS
The proposal to reduce the recent inflation rate of OLAS has been opened for voting by the AI project Autonolas. The proposal details the revised inflation curve of OLAS token supply over the next decade, aiming to delay the increase in inflation to the future and balance the distribution of tokens among staking, binding, and developer rewards. Currently, the contract allows for a maximum issuance of 1 billion OLAS tokens in the first ten years. In the existing model, inflation significantly increases to 71,239,135.50 tokens in the third year, causing market concerns. The new model proposes to adjust the inflation in the third year to 40,400,000 tokens, delaying higher inflation to the fifth and sixth years, increasing 80,000,000 and 72,000,000 tokens respectively to support network growth and innovation, and maintain a balance between inflation and demand.
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