The Great Celo Halvening - Proposed Tokenomics in the Era of Celo L2

[demo]

@marek

This “Great Celo Halvening” will reduce the inflation rate from the current 2% to around 1%, effectively slowing the creation of new tokens and the selling pressure that comes from such inflation. This reduction aligns with Celo’s hard cap of 1 billion CELO tokens and reflects the network’s commitment to a sustainable, long-term strategy.

Could you please explain to us why reducing the inflation rate from the current 2% to around 1% is the optimal solution? I mean , how did you decided that the 1% number is the optimal one?

Why not reducing from 2% to 0.7% ? If your selected 1% number is pure chance, your plan is not good. You change the tokenomics of Celo based on your own interests and/or feelings, rather than based on a mathematical proof, and this is bad.

It is not only you around, so if you cannot mathematicaly prove that 1% is the optimal number, then you should better ask the rest Celo community members what number do they think is the more suitable to them.

@demo

Finally, and most important, the Celo voters should be allowed to vote numbers, not only for the constitutional parameters, but also for any other usage.

Here is some theory on voting the numbers.
Let the DAO decide “how much” – Pietro Speroni di Fenizio, PhD