Prop 107: Reduce Inflation

This proposal if passed would cut new GRAV issuance in half by modifying the maximum inflation rate parameter in the mint module from 20% to 7% and the minimum inflation rate from 7% to 4%. Changes to inflation would execute immediately, reducing the current inflation from 14% to 7% on the block it passes. Thereafter inflation will continue reducing at a rate of 0.258% per month reaching 4% in about a year provided no major unbondings reduce the percentage stake below the target value.