I concur. Still leaves an odd taste, but nothing to do about it.I don't think we need to worry about a single entity controlling a large amount of tokens - there's nothing to stop this at 100 million tokens either. They can't force us to do anything with those tokens so we aren't reliant on their goodwill either - they can easily market sell all of them anytime they want.
The base ANO reward can be found in the attached model:The last thing I'm confused on is the inflation rate - I understand we're still figuring it out but I assume we'll build an algorithm that sets the inflation rate that will go into the proposal? Something like:
Inflation Rate = Monthly Rewards / Remaining Tokens
take a look at the model and you’ll see how Auth server incentives are structured. To align incentives and good stewardship rewards are inversely proportion to the supply of tokens in circulation.The base ANO reward can be found in the attached model:
base reward = 1123 * (19,888,021 - circulating supply) / 10,438,916
I believe that, or something like that, is the appropriate equation to add to a proposal, as it will be needed to derive inflation and to determine the block rewards. Inflation itself will not need to be included in the factomd codebase. If this proposal is implemented I will track inflation on factoshi.io.
Sorry for the confusion. It’s not an “agree or disagree” thing