![]() Inflation will occur on or shortly after May 31 and accrues to the “unallocated” portion of the token treasury. If not approved, and unless another Inflation Adjustment Proposal is approved, inflation will remain at 2%, which will result in a one-time minting of 2% of the current total supply, or 85,899,345 OP. This inflation will occur on or shortly after May 31 and accrues to the “unallocated” portion of the token treasury. If approved, and if not superseded by another Inflation Adjustment Proposal with higher approval, this proposal will result in a one-time mint of OP of % of the current total supply (4,294,967,296 OP) equal to tokens. This proposal would set an inflation rate for of. ![]() I have discussed this matter before multiple times, including recently - we can do better with a more data-driven approach to token distribution.ĭata gathered from: OP Token Unlock (Estimated) - Google Sheets (updated requested) and OP Allocations | Optimism Docs. In light of arguably an overabundance of $OP supply available over the next 3 years, the 2% inflation of $OP is unnecessary.Īs an aside, this is thus more of a symbolic proposal (Edit: just to clarify, it’s “symbolic” in the sense that reducing 2% when circulating supply inflation is 50%-270% is negligible - this is very much a real proposal), and I hope to see more investigation to improve $OP’s tokenomics, as far as possible. Particularly in the Partner Fund + Seed Fund + Unallocated category, less than 5% was circulating as of February 2023. ![]() For FY 2, May 2023 - April 2024, we are expected to see 270% inflation in circulating supply, falling to roughly ~50% till May 2026. MotivationĪs we near the end of $OP’s first financial year, a total of only ~8% of total supply is expected to be circulating. The total supply will remain at 4,294,967,296 OP. This proposal will signal to set inflation of $OP’s total token supply to 0%. ![]()
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