Ruby(互关)
837 posts








Inflation on public blockchains has long been a highly controversial topic in the industry. Some see inflation as a poison — just look at those projects with unlimited token issuance: more tokens in circulation, prices keep dropping. Others call inflation the antidote — without new token incentives, who would bother to secure the network? We believe inflation itself is never the problem; control is the key. Many projects fall into runaway inflation, simply because newly issued tokens don’t go to those who truly secure the network, or the issuance rate always outpaces demand. More tokens are minted, yet the network itself does not grow stronger — prices naturally cannot hold. Portaldot has also adopted inflation, but we stick to two core bottom lines: First, a hard cap on total supply, with absolutely no unlimited issuance. Second, every single newly issued token only flows to staking nodes and users that safeguard the network. The more secure the network, the stronger the demand; as demand booms, the dilutive effect of inflation will naturally be offset. Inflation is never the original sin — reckless, unrestrained minting is. #Portaldot #Inflation














