Celestia Founder: Supports the proposal to reduce TIA inflation rate by 33%
The Celestia (TIA) community has initiated a new proposal, suggesting to reduce TIA's inflation rate by 33%. In response to this proposal, Celestia founder Mustafa Al-Bassam stated: "I support this proposal. When we first decided on the inflation rate, we referred to Solana's inflation plan in order to keep it relatively simple because we didn't want to follow Cosmos standard's inflation plan (i.e., a permanent 10% inflation rate)."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Soluna expands Bitdeer co-mining deal to 35 MW at Project Kati 1
Nvidia Increases Share Repurchase Authorization by $150 Billion to $235 Billion Through Fiscal 2028
JPMorgan optimistic about renewed capital inflows into tech stocks: lower positions and falling valuations create opportunities
The JPMorgan team of strategists believes that as position crowding decreases, earnings performance remains strong, and valuations become more realistic, technology stocks will regain some of the momentum lost since mid-year. Investors are expected to re-enter the sector.
Nvidia increases stock repurchase authorization by 150 billion dollars
Crypto prices
More
