teleo-codex/inbox/archive/2024-11-13-futardio-proposal-cut-emissions-by-50.md

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type title author url date domain format status tags event_type
source Futardio: Cut emissions by 50%? futard.io https://www.futard.io/proposal/6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy 2024-11-13 internet-finance data unprocessed
futardio
metadao
futarchy
solana
governance
proposal

Proposal Details

Summary

🎯 Key Points

The proposal aims to reduce the emission rate from 15.625 to 7.8125 per minute, effectively halving the target emissions, and establish a bi-monthly decision market for future adjustments.

📊 Impact Analysis

👥 Stakeholder Impact

Stakeholders may benefit from a more sustainable framework by reducing emissions, but they could face adjustments that impact supply dynamics.

📈 Upside Potential

A successful reduction in the emission rate could lead to improved environmental outcomes and greater market stability.

📉 Risk Factors

Failure to pass the proposal will maintain higher emissions, potentially leading to negative long-term environmental and market consequences.

Content

Overview

Under the current schedule, the target emission rate halves with each 5% increase in the circulating supply.

Following six halvings, the current emission target is 15.625 per minute (22,500 per day), resulting in an approximate annual inflation rate of 110%.

According to this schedule, the next halving will occur at a circulating supply of 7,350,000, lowering the emission target to 7.8125 per minute (11,250 per day) and reducing the annual inflation rate to about 56%

This schedule was initially established after launch as a temporary framework and was never intended to be a long-term solution.

Moving forward, well conduct bi-monthly decision markets to guide adjustments to the emission rate.

Details

If this proposal passes, the emission rate will be fixed at a target of 7.8125 per minute. If it fails, the rate will remain at the current target of 15.625 per minute.

A follow-up decision market will be held in early January, approximately two months from now, to determine the next rate adjustment.

Raw Data

  • Proposal account: 6LcxhHS3JvDtbS1GoQS18EgH5Pzf7AnqQpR7D4HxmWpy
  • Proposal number: 1
  • DAO account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
  • Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
  • Autocrat version: 0.3
  • Completed: 2024-11-17
  • Ended: 2024-11-17