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Optimism · closed proposal

# Inflation Adjustment Proposal

0xe455…226f·ended 57y ago·MEDIUM RISK
Voters
1
OP voted
210000000000.00B
≈$21607740000.00B
Token price
$0.10

AI summary

This proposal seeks to reduce the annual inflation rate of the OP token from the default 2% to 0% for the upcoming second year. This means no new OP tokens will be minted due to inflation during that period.

Impact

If passed, the supply of OP tokens will not increase due to inflation in Year 2, which could potentially benefit existing token holders by preventing dilution. There are no clear losers, but the impact on token price is uncertain.

Read full proposal on Tally

Voting results

For0 (0.0%)
Against210000000000.00B (100.0%)
Abstain0 (0.0%)
210000000000.00B OP · ≈$21607740000.00B · 1 votersblock 2023-05-18T18:16:06Z

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Optimism

Inflation Adjustment Proposal

Inflation of the OP token is set to 2% per year by default. This inflation parameter can be adjusted by governance. This proposal would reduce inflation in Year 2 to 0%.

This Season 4 proposal is eligible for voting in Special Voting Cycle #12b: https://gov.optimism.io/t/draft-inflation-adjustment-proposal-to-0/5936.

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