kaal:claim:3266953-027

Anchor tokens are highly inflationary because new ones are minted in proportion to the SEM denominated transaction fees collected in each block, so a member must keep participating simply to maintain their relative power.

Source quote, verbatim

New Anchor tokens are created in proportion to the number of SEM denominated transaction fees collected by the system in each block. Therefore, Anchor tokens are highly inflationary. To maintain his relative power, Bob must continue to participate.

From

Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018), Block Production Salaries, p. 20
https://ssrn.com/abstract=3266953 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018). SSRN: https://ssrn.com/abstract=3266953

Holds when

Anchor token holders in the block production DAO

Classification

mechanismsupport: arguedtokenomics

Verify

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