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EOS Reduces Inflation By 80%

  • February 25, 2020

As of today, inflation on the EOS network is now 1%. 15/21 block producers have now approved the following proposal:


https://bloks.io/msig/eosnationftw/setinflation

The following set inflation parameters would set the total inflation to 1% and stops the flow into eosio.saving.

Parameters (proposed) global4
Annual rate: 100 (1%)
Inflation pay factor: 10000 (100%)
Vote pay factor: 40000 (25%)
Parameters (current) global4
Annual rate: 500 (5%)
Inflation pay factor: 50000 (20%)
Vote pay factor: 40000 (25%)

EOSIO source code references: https://github.com/EOS-Nation/setinflation


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