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Set Inflation to 4% #8

Merged
merged 5 commits into from
Jul 5, 2021
Merged

Set Inflation to 4% #8

merged 5 commits into from
Jul 5, 2021

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Archimedes1618
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Reduce initial inflation from 8% to 4% p.a

@Archimedes1618 Archimedes1618 self-assigned this May 24, 2021
@Archimedes1618 Archimedes1618 marked this pull request as draft May 24, 2021 20:41
Re-adjust DEFAULT_TAPER to regular 15% p.a
Adjusted Foundation inflation to 0%
Removed substraction of Foundation inflation from Validator reward calculation
@Archimedes1618 Archimedes1618 marked this pull request as ready for review May 29, 2021 08:18
Archimedes1618 added a commit that referenced this pull request May 29, 2021
Lowered cost per signature

 from

 Safecoin Target: 10 x 200.000 = 2.000.000 Lamports per Slot (min 1.000.000 - max 5.000.000)

to

 Safecoin Target: 10 x 50.000 = 500.000 Lamports per Slot (min 250.000 - max 5.000.000)

This is an adjustment in correlation with PR #8
@charles-e
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charles-e commented Jun 22, 2021

So if I understand this correctly, we start at 0.04 (4%) and taper to 0.015 (1.5%) and since the taper rate is 0.15 (15%) we will arrive at the final constant rate after about seven years (when year is approximately 6.0).
That and we no longer worry about giving a chunk to the foundation (that we don't have)
Looks OK to me.

@Fair-Exchange Fair-Exchange changed the base branch from master to 1.6.16 July 5, 2021 18:10
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Great work @Archimedes1618 , thank you :)

@Fair-Exchange Fair-Exchange merged commit 0ce4523 into 1.6.16 Jul 5, 2021
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Merged after some timestamp work to: 570f728

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3 participants