The point of having a governance system is to adapt and make decisions while having skin in the game. The new Proposal and the existing market conditions have convinced me that it is better to have a fixed and predictable inflation that does not venture far away from the original promises of the project.

$POLYCUB is Printing Almost Nothing Right Now!

The prices have almost become stable over the past few weeks as the emissions fell down to almost nothing. The current inflation is at 0.00048828125 per block and there are 31,536,000 seconds in a standard year and Polygon block time is at 2.3 seconds on average. __Do the math and you will see that the current $POLYCUB emissions are valued at fraction of a cent and it keeps on getting cut by 50%

We Already Have Impressive Marketcap/TVL Ratio

At the same time, notice the APR at 0.18% which is worse than many of the fiat savings accounts. The existing value locked coming from Diamond Paws will stay and even increase in dollar terms once we are in a bull market (possibly Q2 2024). If $POLYCUB value itself 100X, we will again have decent APR. Increased revenue from fees, arbitrage etc. can help to push the value up.

Promised POLYCUB Emission

86400/2.3*0.0625 

2347.82 $POLYCUB per day is not a large amount. Early Token emissions will be at 856,956 POLYCUB with the maximum supply of POLYCUB capped at 21 million. This emission schedule can be continued for over 16 years and within those 16 years, it should not be impossible to make $POLYCUB price and APR offered to be made sustainable without creating more inflation.

An Old Issue Persists

I voted against the previous proposal for static inflation. Bear market conditions became very harsh and the revenue generated by the protocol only managed to stabilize the price. I do not see a way we could suddenly be in a bull market soon. We need a way to keep the project alive until better days arrive.

In PIPs, I was not able to vote with Brave Wallet. I'm an intermediate level cryptocurrency users and cannot find where the issue is. Only governance voting is affected for Brave Wallet. Other operations were done using Brave Wallet and there were no issues. In fact I found it to be a better experience than using MetaMask.

Am I The Only User Facing This Issue

@leofinance is one of the greatest communities ever filled with very knowledgeable people. If you know a fix or currently facing the same issue, please let me know. Feedback is one of the best ways to improve a project.We need to get our act together before the markets rally up! That is the best way to insure the success of $CUB Outposts on multiple blockchains (with fingers crossed for a Koinos launch)

Posted Using LeoFinance Alpha