Update inflation rate on the network
passed
Expected result
Passed
Turnout / Quorum
97.17% / 33.40%
Voting period
Voting ended100.0%
Voting start 2025.03.24 at 06:18:12
Voting end 2025.03.24 at 07:18:12
Vote distribution
100.00%
228 561 013 AXL
Yes
0%
0 AXL
No
0%
0 AXL
Veto
0%
0 AXL
Abstain
Details
Proposer
-
Total deposit
2 000 AXL
Submit time
2025.03.24 at 06:18:12
Deposit end time
2025.03.24 at 07:18:12
Description
This proposal zero the 1% Base Inflation rate parameter (Tendermint + Signing), this would effectively reduce network inflation from 4.8% to 3.8%, annually. https://community.axelar.network/t/set-base-inflation-to-zero/3334?u=axelar-foundation
Votes
Voter
Answer