@msa6867 I wanted to present this for benchmarking- compare POKT’s 16.8% & where SER will take POKT VS the space.
I believe the takeaway is self-explanatory and one of the reasons I lobbied hard to go higher than where SER pre-proposal initially was.
About the table:
- Annual Inflation % for all tokens in one place is hard
- https://coincodex.com/ attempts it but there are severe data integrity issues
- Even Messari can do it for only a few selected tokens
- Randomness, gamification, non-programmatic burns, other differences and complexities/combinations such as fixed cap, pre mine, lock, releases, make it almost impossible
- There are niche paid providers who supply similar data to traders. I maintain some data for occasional trading, so got some help there
- Net X 2, plz consider this a best attempt and I apologise for the lack of aesthetics, have a day job too
- Top 50 tokens by MC
- Removed stables, meme coins, metaverse, new ones such as Aptos, irrelevant ones such as lido, and others we probably don’t care about- xrp, ltc, etc
- Tokens such as ATOM might undergo changes in tokenomics. Once that happens ATOM will become my other favourite in addition to ETH as far as tokenomics goes.
- Solana follows a simple emission reduction plan as proposed in SER.
Thanks @Cryptocorn , will just copy/paste what I have already written about narratives-
Here &
"POKT is different"- I have come across this line in the past.
It’s analogous with parents/mothers saying “our baby is different”.
POKT “CAN” be different, sure!! There are numerous possibilities in the future.
But for now a prudent approach is to work around the similarities, do some benchmarking with other chains and protocols and remind ourselves that POKT trades in this small market competing for attention amongst hundreds and thousands of distractions, driven by common narratives that drive sentiments.
There are no certainties but given historical patterns, the probability of token value appreciation due to any type of supply cut is high .
Takes me to-
@Cryptocorn, let’s discuss marketing around SER if it gets approved. May be ask for some budget from the DAO. I love your CoinDesk idea. @msa6867 & @RawthiL can also get involved if interested.
Talking about marketing, I am warming up to Messari. Will reach out to you @Cryptocorn separately as you are one of the dissenters
My thoughts about fixed supply are here and we have spent weeks debating it specially with @RawthiL . I would encourage the community members to read through those exchanges in the pre-proposal.
The pre-proposal has been debated for 2 months. We and @RawthiL have all agreed to present this proposal in its current form. I personally would spend my energy in discussing this proposal on this thread instead of diverging into something totally different.
Having said that- open to succession planning- SER getting superseded by a sophisticated and dynamic model that incorporates burn, demand factors, etc but on a separate proposal. We have discussed openness to such evolutions several times in the pre-proposal.
Tokenomics should be a living and ongoing discussion as we learn more in this nascent space IMO.
I appeal to the community to support this simple reduction plan starting Mar, 23.