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https://abs.twimg.com/emoji/v2/... draggable="false" alt="✍️" title="Schreibende Hand" aria-label="Emoji: Schreibende Hand"> Path to solutions
There are many ways to counteract the current inflation rate with #TRXhttps://abs.twimg.com/hashflags... draggable="false" alt="">.
Currently: we’ve taken one step in the right direction. But, we can surely do more.
Parameter #19 - Modify the total energy limit from 100b to 90b
Continue: #TRONhttps://abs.twimg.com/hashflags... draggable="false" alt="">
There are many ways to counteract the current inflation rate with #TRX
Currently: we’ve taken one step in the right direction. But, we can surely do more.
Parameter #19 - Modify the total energy limit from 100b to 90b
Continue: #TRON
In this thread I’ve written multiple ways parameters can be changed to decrease the inflation rate of #TRX https://abs.twimg.com/hashflags... draggable="false" alt=""> and get us in the direction to go deflationary.
Remember, we must be careful here and realise the levers affect the entire ship. #TRONhttps://abs.twimg.com/hashflags... draggable="false" alt="">
Remember, we must be careful here and realise the levers affect the entire ship. #TRON
Parameter 1 - modify the cost of applying for SR account
Effects of increasing: Less grass-root SR applying to run for election for the top 27, more #TRXhttps://abs.twimg.com/hashflags... draggable="false" alt=""> burned from SR account creation
Lets be real: It’s nearly impossible now to be elected by the community for grass-root ops.
Effects of increasing: Less grass-root SR applying to run for election for the top 27, more #TRX
Lets be real: It’s nearly impossible now to be elected by the community for grass-root ops.
Currently parameter 1 cost is too low, new SR’s now are being created to buy-in positions by self-staking or backed by financial enterprises.
The cost is currently undervalued (9,999 #TRXhttps://abs.twimg.com/hashflags... draggable="false" alt="">), as SRs reap an immense amount of rewards to pay for the SR account creation.
The cost is currently undervalued (9,999 #TRX
Parameter 2 - Modify the account creation/activation fee (.1 #TRX https://abs.twimg.com/hashflags... draggable="false" alt="">) - which has currently burned 690,312 #TRON https://abs.twimg.com/hashflags... draggable="false" alt="">
Effects of increase - Less acc. created, more TRX burned, accurate data on real-time acc #.
Number crunching is needed, but 3 TRX would have burned 20.7M TRX to date.
Effects of increase - Less acc. created, more TRX burned, accurate data on real-time acc #.
Number crunching is needed, but 3 TRX would have burned 20.7M TRX to date.
Parameter 4 - Modify asset creation fee (1,024 #TRX https://abs.twimg.com/hashflags... draggable="false" alt="">)
Effects of increase - Less tokens created, less scams, more #TRONhttps://abs.twimg.com/hashflags... draggable="false" alt=""> burned consistently.
This is one I’d be in favor of increasing up to 5x the current cost. Creating tokens has a vast amount of benefits and also responsibility
Effects of increase - Less tokens created, less scams, more #TRON
This is one I’d be in favor of increasing up to 5x the current cost. Creating tokens has a vast amount of benefits and also responsibility
Parameter 5: Modify SR Block reward(16 #TRX https://abs.twimg.com/hashflags... draggable="false" alt=""> per block)
This proposal goes hand in hand with Parameter 6: Rewards given to the top 127 SR/SRP’s
Let’s start with p5 effects of increase: smaller voters would reap more rewards / increase inflation
Currently inflates: 459k TRX/d
This proposal goes hand in hand with Parameter 6: Rewards given to the top 127 SR/SRP’s
Let’s start with p5 effects of increase: smaller voters would reap more rewards / increase inflation
Currently inflates: 459k TRX/d
This is how we counteract increasing block rewards - by lowering voter rewards (p6) which inflates (4.6m/d #TRX https://abs.twimg.com/hashflags... draggable="false" alt="">)
Effects of decrease: Lowers inflation drastically, less $TRX staked
Increasing block rewards and decreasing voter rewards will decentralize the mint of new #TRONhttps://abs.twimg.com/hashflags... draggable="false" alt="">
Effects of decrease: Lowers inflation drastically, less $TRX staked
Increasing block rewards and decreasing voter rewards will decentralize the mint of new #TRON
Parameter 11: modify the fee of 1 energy (.00001 #TRX https://abs.twimg.com/hashflags... draggable="false" alt="">)
Effects of increase: More $TRX burned, Less transactions of TRC20, less divs on tokens like #DICE, #WIN, etc.
Ideally this parameter is a lever that needs serious discussion/number crunching on.
Effects of increase: More $TRX burned, Less transactions of TRC20, less divs on tokens like #DICE, #WIN, etc.
Ideally this parameter is a lever that needs serious discussion/number crunching on.
Parameter 19: modify the total energy limit (90b #TRX https://abs.twimg.com/hashflags... draggable="false" alt="">) currently on average energy consumption (roughly 45b - recent ATH 76b: recent ATL 17b)
We should consider finding equilibrium in setting supply closer to demand. (Rough estimate 80b)
We should consider finding equilibrium in setting supply closer to demand. (Rough estimate 80b)
Small changes that can be done to counteract inflation:
p.22: Modify fee to update account permission (100 TRX)
p.23: Modify the fee tor multi-sig
(1 #TRXhttps://abs.twimg.com/hashflags... draggable="false" alt="">)
p.22: Modify fee to update account permission (100 TRX)
p.23: Modify the fee tor multi-sig
(1 #TRX
[Thread summary] Overall there are many things that can be done but to do it, we need dialogue.
cc: @MikeNerdUK @WLFOFMYST @udiWertheimer @justinsuntron @BitGuild @TronWalletMe @SesameseedOrg @TronSpark @_CryptoChain_ @CryptoGuyInZA @team_tronics @Tronfoundation @BitTorrent
cc: @MikeNerdUK @WLFOFMYST @udiWertheimer @justinsuntron @BitGuild @TronWalletMe @SesameseedOrg @TronSpark @_CryptoChain_ @CryptoGuyInZA @team_tronics @Tronfoundation @BitTorrent
