Although circulating supply inflation has been going down for Dash over the years (from 22,2% to our current 7,7%), it is nowhere near the level of any of our competitors (who are mostly below 3%)
That doesn't quite explain our problems IMO.

Try:
"
If your protocol requires you to under-supply the market that pays the mining cost by 40% then you may find yourself losing marketcap share - even to "dumb" coins that don't do half the development you do".