0xResearch
Will Cosmos Hub Enshrine Stride and Save ATOM? | Analyst Round Table
Oct 11, 2023
Analysts EffortCapital and Ren join Dan and Sam to discuss Cosmos events, including potential mergers and token inflation adjustments. They also dissect alleged illicit transactions moved through Thorswap and its shutdown. Lido's growing share of staked Ether and the ongoing debate are explored. EffortCapital mentions new album releases from Drake and Lil Wayne.
01:11:57
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Quick takeaways
- Reducing the inflation rate of the AXEL token and implementing a deflationary mechanism could potentially reduce supply overhang and create a path to deflation.
- Improving ThorSwap's user experience and addressing technical issues is crucial for gaining adoption and competing with other decentralized exchanges.
Deep dives
Inflation Reduction Proposal for AXELR
A forum post from AXELR proposes reducing the inflation rate of the AXEL token from 11.5% to 5.2% by reducing the inflation given to every subsequent chain integration. The proposal also suggests using transaction fees to burn AXEL tokens instead of distributing them to stakeholders in order to create a deflationary mechanism. The post outlines short-term, medium-term, and long-term strategies, including cross-chain interoperability, cross-chain validation, and leveraging ZK-rollups for cost efficiency. If implemented, this could potentially reduce the supply overhang on the AXEL token and create a path to deflation.
