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Polkadot discusses inflation governance: nuclear time sales revenue may be completely destroyed
The Feasibility of Polkadot Exploring a Drop in Inflation Rate
Recently, Filippo Franchini, a technical educator at the Web3 Foundation, published a series of views on the inflation issue of Polkadot on social media, sparking widespread discussion within the community. Franchini proposed to burn all the revenue generated from the Polkadot's auction sales to increase deflationary pressure. This proposal received support from some community members, but others expressed doubts about its feasibility.
In fact, as early as July, Jonas from the Web3 Foundation initiated a proposal on Github to burn the upcoming Polkadot's core time sale revenue. Jonas believes that this would help balance inflation, clarify incentives, and achieve collective value. At the same time, Jonas also proposed adjustments to the current inflation model on the Polkadot forum to ensure the treasury can operate effectively.
There are differing viewpoints within the community regarding the issue of inflation. Some believe that more data support is needed, while others have proposed alternative solutions. However, most people agree that more in-depth analysis and extensive discussion are required before making significant changes.
The inflation issue of Polkadot involves multiple aspects, including Staking yield, treasury funds, and ecological application development. Currently, the community generally believes that Polkadot's inflation rate is too high, which not only affects the psychology of holders but also poses certain obstacles to the development of ecological applications.
There are currently two main views on how to dispose of the revenue from nuclear time sales: complete burn and partial entry into the national treasury. Supporters of complete burn believe that it can bring positive deflation expectations for Polkadot, but some are concerned that this approach may not effectively address the inflation issue.
Regardless, adjusting Polkadot's inflation model requires careful consideration. Before making any significant decisions, more data analysis and community discussion are needed. As participants in the Polkadot ecosystem, we should all actively engage in discussions on these important issues and contribute to the long-term development of Polkadot.