Signaling Proposal: Reduce $CMDX inflation rate as per the tokenomics

The $CMDX token is inflationary in nature, with an inflation of 30% set for the first year and a subsequent reduction of 25% in the inflation rate every year, with the maximum supply capped at 200,000,000 CMDX.

The comdex chain went live on mainnet on 2021-11-20 at 14:00 UTC, with an inflation rate of 30% for the first year. On 2022-11-20, the Comdex mainnet completes one year; hence we propose the change in the inflation rate from 30% to 22.5% as per the $CMDX tokenomics. The proposal will go live on-chain on 17th Nov 2022; Once passed, the inflation rate will be changed to 22.5%.

The parameters that will be changed are:

“inflation_max”: “0.270000000000000000”
“inflation_min”: “0.225000000000000000”

We request the community to go through the $CMDX tokenomics to understand it in detail:
https://blog.comdex.one/cmdx-token-economics-utility-cd66bda2c1bb

3 Likes

Agree to that. This is in line with the tokenomics and will help in improving its value

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Total support for this, thanks for the reminder and putting this up!

1 Like