Okay. To get the balls rolling for the reduced max coin supply and/or decreasing, here are the proposals that can be voted by masternode owners.
Thanks to kokokoin for providing a template to go by. So first proposal is what kokokoin proposed. Second is a less aggressive model for variety.
Both provide at least 2.5x or 3.5x the current coin supply (respectively) at end of PoW. So it still increases by a fair bit.
Still keeping 4 more months of PoW while generating less auto-sell pressure & lessen daily inflation during PoW phase.
Feel free to vote, provide feedback and/or make proposals of your own.
They are my first attempt at proposal creation. Was a good practice.
Proposal #1- Name: PoWRewardReduction1
- Variable PoW block reward halving every 50k blocks (approx every 34 days)
- Coin Supply During PoW Phase: 26 518 750
Blocks 1 - 59 200:
POW reward: 250 DNET
Total supply: 14 800 000
Blocks 59 201 - 109 200:
POW reward: 125 DNET
Total supply: 21 050 000
Blocks 109 201 - 159 200
POW reward: 62.5 DNET
Total supply: 24 175 000
Blocks 159 201 - 209 200:
POW reward: 31.25 DNET
Total supply: 25 735 500
Blocks 209 201 - 259 200
POW reward: 15.625 DNET
Total supply: 26 518 750
To vote
in favor = "mnbudget vote f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42 yes"
To vote
against = "mnbudget vote f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42 no"
(use 'vote-many' instead of 'vote' to vote using all your MN at once via controller wallet)
"PoWRewardReduction1" : {
"Name" : "PoWRewardReduction1",
"URL" : "bitcointalk.org/index.php?topic=1262920.msg14082472#msg14082472",
"Hash" : "f6c17c059a6cc173d13f8a851b6408e1a2129d1ced040e46c7689a0a5a9bca42",
"FeeHash" : "8498541b71ca65dc7daa840c7c1f4d37e7c25c507844a3a33248ccd046cfaa6d",
"BlockStart" : 43200,
"BlockEnd" : 108000,
"TotalPaymentCount" : 1,
"RemainingPaymentCount" : 0,
"PaymentAddress" : "DMAUefC1YXGtoQDxMxTcHmf9JQUK5MLsa7",
"Ratio" : 0.00000000,
"Yeas" : 0,
"Nays" : 0,
"Abstains" : 0,
"TotalPayment" : 10.00000000,
"MonthlyPayment" : 10.00000000,
"IsEstablished" : false,
"IsValid" : true,
"IsValidReason" : "",
"fValid" : true
},
