Will it ever drop below 1% or is the wording not accurate enough here too?
Update the "narrowing to 1% APR over 20 years"
If the inflation is off by over 30%, how wrong is the 20 years, and in which year, precisely, does it end?
As it is stated in the other answer, it will never be zero. It will be almost one :)
Good work!
@tipu curate
Upvoted 👌 (Mana: 11/22) Liquid rewards.
I believe it targets 0.95%
I don't see a problem if it was 2 or 3%, it is the default inflation for most economies worldwide, but hopefully when we get there Hive will have a price high enough that it covers witnesses hosting costs (which is my main concern on long term scalability)
I understand. We might need another or additional source for covering the cost of witness service...