Axelar Proposal: #294

Update inflation rate on the network

Status:

Passed

Yes100%

Turnout:50.30%

Quorum:33.40%

Yes: 100%

358,125,612 AXL

No: 0%

212 AXL

No With Veto: 0%

0 AXL

Abstain: 0%

1,677 AXL

Voting Period

Deposit End

Submit Time

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