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