The Polkadot Halving

Objective:

This proposal aims to gauge whether the Polkadot community is interested in reducing the inflation rate of DOT by 50% and driving the narrative of the "Polkadot Halving" across all marketing channels.

Rationale:

Recognizing that Polkadot is a community-driven platform, this Wish for Change (WFC) is a call to action for all members to create a significant event within the Polkadot ecosystem and beyond.

While some might think 3-4% inflation is better, the marketing of the Polkadot halving carries more weight as it's a well-known characteristic of BTC. The repeated nature of this happening sets long-term positive speculation.

Proposal Details:

• Inflation Reduction: Reduce the inflation rate of DOT by 50%.
• Marketing Narrative: Drive the "Polkadot Halving" narrative across all marketing channels to create awareness and excitement within the community.
• Future Proposals: If this WFC is agreed upon, it is with the understanding that another Polkadot Halving WFC will be proposed for the community to vote on, after each BTC Halving (approximately every four years from the day of this Polkadot Halving WFC). This will allow the community to gauge and adjust according to the ecosystem's growth.
• The Halving Date: The Fellowship can decide the date and time aiming to be within three months of this WFC.

Long-Term Vision:

The long-term vision is to establish a recurring following each BTC halving, where the community comes together and votes on whether to halve the supply again. This fosters community engagement and alignment at a set date in the future, creating a stable and predictable narrative similar to Bitcoin.

Final remarks

After posting the WFC, I will post on my X.com account @Josiahkotzur1 and pin it to my profile. I humbly ask all voters to share this, whether it is Aye or Nay, so the whole ecosystem can vote on the topic and determine the outcome of this WFC.

Regards,
Josiah