Hive is set to decrease in inflation every block until it reaches just under 1% yearly inflation. Keep in mind Hive is highly divisible and RCs are shared by usage.
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Hive is set to decrease in inflation every block until it reaches just under 1% yearly inflation. Keep in mind Hive is highly divisible and RCs are shared by usage.
Excuse my ignorance/curiosity: how does Hive's divisibility help with inflation?
The question was pertaining to increasing inflation because if there is a lot of Hive locked in the SIP, then we could face a liquidity crisis.
The fact is, with 3 decimal places, we really have 3X as much Hive potentially. Of course, the price would have to increase substantially to even out.
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3 decimal places is 1000x, not 3x. it's just a change in significant digits, not a quantitative change though. still if it does permanently burn a lot of stake, it could create massive pressure for the price to equilibrate to the new effective supply...
LOL yes you are correct. Thanks for that.
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