Injective: INJ 3.0 Governance Proposal Launched, Will Lower Inflation Limits
2024-04-19 13:23:25
Layer 1 Blockchain Network Injective posted that the INJ 3.0 Governance Proposal has gone live. INJ Pledgers and Validators have 4 days to vote for IIP-392. According to the proposal: 1. The inflation rate threshold will be lowered. The lower limit is currently set at 5%. It is recommended to reduce by 25% on a quarterly basis within two years. The upper limit is currently set at 10%. It is recommended to reduce by 30% within two years. 2. Increase the inflation rate change parameter from 0.1 to 0.5 to improve its responsiveness to staking activities.
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