One of the problems is a big inflation: ~16% in first year, ~11% in second.
I understand active delegates don't want to change the situation. They receive almost free money.
But that big inflation limits the growth of Lisk.
Many investors will not take the risk and will not enter into an Lisk with so many new coins (with all other current issues).
I understand active delegates don't want to change the situation. They receive almost free money.
But that big inflation limits the growth of Lisk.
Many investors will not take the risk and will not enter into an Lisk with so many new coins (with all other current issues).
Agreed, the only solution to this is rapid devaluation, to a market cap of $500,000.
This would be good for Lisk.
And then when the inflation cycle is over in 5 years, it can start growing healthily in price.
Please explain why this should be good for Lisk.
So we can battle the hyperinflation.
Delegates will have to dump faster and the coins will be redistributed.
I don't know how you want to devalue Lisk. Lisk has no hyperinflation.
And so far the only dumpers are the non-delegates and the panic sellers, currently the only buyers are the smart delegates and wise supporters.
The only important points is a faster development and a better communication and PR.
Everyone knows about the potential, the Mark has already realized it.
And no one likes a devalued project, we are not in Italy.
LOL, if 15% inflation rate in first year is not hyperinflation, what can be defined as hyperinflation? I define 10%+ is hyperinflation rate, and you see those will be dead eventually. Another Crypti fiasco once more?
Are you kidding me?
Such a project is evaluated in years and not in a few months.
Inflation is steadily declining per year, in three years no one is talking about inflation at Lisk.
