Injective: INJ 3.0 governance proposal is now live, which will lower the inflation rate limit

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Cointime2024/04/19 13:49

By:Cointime

Injective, a Layer 1 blockchain network, announced that the INJ 3.0 governance proposal has been launched. INJ stakers and validators have four days to vote in support of IIP-392. According to the proposal: 1. The inflation rate threshold will be lowered, with the lower limit currently set at 5%, and it is suggested to reduce it by 25% uniformly on a quarterly basis within two years; the upper limit is currently set at 10%, and it is suggested to reduce it by 30% within two years. 2. The inflation rate change parameter will be increased from 0.1 to 0.5 to improve its responsiveness to staking activities.

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