quasar

Prop 47: [Parameter Change] Reducing Inflation to 0%

[Parameter Change] Reducing Inflation to 0%

Authors: Quasar

Proposal Overview

This proposal is presented to execute the inflation update to 0%, as approved in Proposal 45 - $QSR Token Migration. The scope of this proposal is solely to implement the agreed-upon inflation change, which is to be executed within one day following the snapshot at block height 8,425,300.

Execution Details

In accordance with the changes approved in Proposal 45, this proposal mandates the execution of the inflation update immediately after the specified snapshot block height. This timely implementation is crucial to ensure the seamless transition and adherence to the parameters set forth by the community consensus.

Additional Information

For detailed context and a comprehensive understanding of the decisions leading up to this proposal, stakeholders are encouraged to review the previously approved Proposal 45. The full text and discussions can be found on-chain at: Proposal 46 - $QSR Token Migration.

Conclusion

This proposal calls for a focused and swift action to update the inflation parameter of the $QSR token, aligning with the community’s earlier decision. Your participation and vote are essential to the timely and effective implementation of this critical update.

Voting

  • By voting YES, you agree to set inflation rate to 0.
  • By voting NO, you disagree to set inflation rate to 0.
  • By voting ABSTAIN, you express no opinion on the matter.
  • A NoWithVeto vote indicates a proposal either (1) is deemed to be spam, i.e., irrelevant to Quasar, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Quasar governance.