Post
Topic
Board Announcements (Altcoins)
Re: WAVES - Complete Blockchain ecosystem for a token economy
by
idtrader
on 21/09/2019, 17:50:33 UTC


We are improving Waves’ economic model.
To make it more democratic and sustainable, we’re lifting the limit on issuing new tokens and introducing community-driven decentralized monetary policy governance.

Learn more: https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f
this is an important modification with a new reward:

"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance".

but will the total number of waves be still stable, or increase with time ?

Yes total supply of WAVES will increase, This is very bad idea With fixed supply WAVES is losing value how about minting new coins? Why Shasha Ivanov need to listen to Trolls on telegram and twitter page! They are not part of WAVES community i bet they dont even holding 1 WAVES.

"Target annual revenues of around ~5.3%"

It's a fixed annual inflation rate if you don`t lease your waves to a node. You have no risks or disadvantages if you lease your waves.
With higher revenues, more people will join the waves community and if the growth of the community, caused by the higher revenues, is greater as the ~5% inflation rate then it's for everybody successful, even for people without the leasing feature. The possibility of a bull bubble will also increase because a lot of new investors could join the waves project, caused by the ~5% growth rate. And if you lease your waves to a node, you will get back the ~5%inflation rate caused by the leasing profits. I am pretty sure it's a great idea and it will strengthen the waves project.


This is a really good solution for this!! https://forum.wavesplatform.com/t/wep-7-an-alternative-proposal-for-block-generation-reward/17013