Soft Pressure Capped & Stepped Supply Schedule

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Decision28d
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1d
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0.1%Aye
99.9%Nay
Aye
24.2KDOT
Nay
16.45MDOT
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0.00%
12.46KDOT
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1.6BDOT
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Here we will update & answer any Fears, Uncertainties & Doubts expressed during Refs to Commit to long-term fiscal responsibility with a Capped & Stepped Supply schedule HERE.

Thank you for your thoughtful and productive discourse on the matter. ❤️

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If the price of your ponzi drops too low just adjust inflation. With parachains we can layer the ponzi. Ponzception. Don't concern yourself with making it viable as an actual product / service.

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Dear Proposer,

Thank you for your proposal. Our first vote on this proposal is NAY.

The Wish For Change track requires 60% quorum according to our voting policy v0.2, and any referendum in which the majority of members vote abstain receives an abstain vote. This proposal has received zero aye and three nay votes from eight available members, with three members abstaining. Below is a summary of our members' comments:

Voters expressed a spectrum of reservations regarding the proposed supply schedule, emphasizing that measures solely focused on reducing issuance might fail to stimulate demand. Some urged the involvement of economists to thoroughly evaluate the underlying research, while others pointed to longstanding concerns about the impact on previously allocated rewards and overall ecosystem growth. Criticism arose over the perceived superficiality of the discussions, with warnings that the proposal merely addressed symptoms rather than core issues. Opinions suggested that a broader, more rigorous exploration of token utility and economic fundamentals was required before pursuing such drastic, long-term fiscal measures.

The full discussion can be found in our internal voting.

Please feel free to contact us through the links below for further discussion.

Kind regards,
Permanence DAO
Decentralized Voices Cohort IV Delegate

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