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[BIP-16] - New BAS Emissions Schedule (Amendment and Implementation of BIP-13). Authors: qa1q, yyctrader.

Basis Cash
Basis Cash
Telegram
26 May 2021, 05:27
📡📡📡 [BIP-16] - New BAS Emissions Schedule (Amendment and Implementation of BIP-13) Authors: qa1q, yyctrader As BIP-13 passed nearly 2 months ago, the proposed BAS emissions schedule has been updated and adjusted accordingly and is now ready to be implemented on 5/31. Currently, the protocol is emitting 18,643 BASv2/week The emissions schedule will be modified as below: Week 27 (5/31) – Reduction to 15,182 BASv2 (approx. 18%) Week 28 onwards – 11% reductions The previously proposed annual inflation will also be amended: Year 2 – 4% (previously 5%) Year 3 – 3.5% (previously 4%) Year 4 – 3% (no change) Year 5 and beyond – 2% (no change) We believe that the modified schedule will allow us to maintain the intent of BIP-13 despite the delayed implementation, as we will reach 1M BAS minted in Week 333 (7 years) and ensure that we have ongoing emissions to incentivize protocol growth while maintaining scarcity. The complete emissions schedule can be seen here: 👇 Please vote here 👇 Voting will begin in 30 minutes and remain open for 24 hours.

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Basis Cash
Basis CashBAC #2763
Twitter
26 May 2021, 23:11
🗳️ [BIP-16] to approve and implement a growth-optimized $BAS emissions schedule is being voted on by the community. $BAS stakers, please vote👇 Voting ends in just under 7 hours.
[BIP-16] to approve and implement a growth-optimized $BAS emissions schedule is being voted on by the community.
🗳️ [BIP-16] to approve and implement a growth-optimized $BAS emissions schedule is being voted on by the community. $BAS stakers, please vote👇 https://t.co/HO0Qb93s0p Voting ends in just under 7 hours.