Thank you @shane for all of your awesome work on this.
Notwithstanding your extremely helpful contribution to our collective knowledge, I do not support BASH (at least for now) for the following reasons:
-
Time is of the essence. We need to reduce inflation now to give confidence to those outside of this community that we care about economic sustainability. Otherwise, we will fail to bring in new contributors, and attention towards this project and POKT itself will continue to wane. The gateway parameters need much more thought and debate. Portal staking is going to happen in v1 and we are just about to kick off a 6 month research workstream, including some outside experts, so we can ensure the adaptability, dynamism and sustainability of Pocket’s economy. Whatever we do now, will most likely change pre v1. So if you agree with the inflation cut, why not agree to that now and then we can work on parameterising the gateway fee in a step-wise fashion by working on it in parallel and putting it up for a future proposal in a month’s time, or however long it takes?
-
Additional complexity. In addition to the point about the necessary debate around gateway incentives, there are also some new parameters included here that we need to understand more deeply. While I really appreciate how much more simple this proposal is to grok than MINT (which, for the record, is also a very impressive contribution), there are clearly some edge cases that we need to understand better before pushing this to a vote.