QIP-016: Reduce emissions rate of the network
| Author | 4d5a |
|---|---|
| Discussions-To | https://github.com/theQRL/qips/pull/32 |
| Status | draft/incomplete |
| Type | |
| Created | 2021-08-14 |
Table of Contents
Reduce emissions rate of the network
Abstract
This proposal suggests that the emissions rate of the network should be cut by 90%
Motivation
The motivation of this proposal is to reduce the volume of miner dump on the already small liquidity pool of the network. By reducing the rate of emissions, the overall value per coin can start to rise. The goal being to start moving back up the CMC rankings board and attracting the attention the project deserves. Drastic action is called for to start moving the project forward in the crypto community.
Specification
The rate of emissions should be cut by 90%
Backward compatibility
N/A
Implementation
A relatively simple hard fork is required.
Citation
Please cite this document as:
4d5a, "QIP-016: Reduce emissions rate of the network," QRL Improvement Proposals, no. 16, August 2021. Available: https://www.theqrl.org/qips/QIP-016.