I agree with this update.
If we’re going to be doing a big update like this then I would like to include that we should highly consider integrating a native liquid staking:
Reducing inflation from 30% to 10% is a great step! But it reduces the incentive for small holders.
A whale with $10m worth of astar.. Will obviously be consistently staking for their 10% bonus.
A small holder with < $1000.. That now earns $100 instead of $300. Might lose interest in dapp staking..
Thus creating an increased bureaucracy.
Making a native liquid token helps:
- Using the ecosystem we’ve created outside of dapp staking.
- Increasing our yield in different ecosystems. (eth uniswap)
- Reducing users interactions with private keys.