What do you mean by this? Wealth is transferred from those not staking to those staking, those staking get real yield and those not staking get diluted
If you just cut inflation a lot, the sell pressure will likely be higher from people unstaking and selling large amounts of ATOM
Did you follow the recent announcement of ICS being sunset? Neutron, Stride left and running their own chains
How did you calculate all those revenue estimations? And regarding buybacks, dYdX is a great example, see the price of dYdX since buybacks started early in 2025 and then increased buybacks 3x last month
What do you mean by this? Inflation is 10%, just APR is higher because the staking ratio went down a lot after cutting the max inflation rate by 50%
This is a very big assumption 
how did you get to that $100M estimation?
Currently ATOM is around $2 not $10
You are missing here the new sell pressure from large amounts of ATOM being unstaked and sold. You are assuming that everyone will stay with the ATOM staked after you cut yield so much, but that’s very inaccurate, people will unstake, sell and find better opportunities
Totally against wasting ATOM for this sorry. You seem not to even be aware that ICS was sunset and many other key points. If we are going to spend a lot of ATOM we need a very professional, quantitative consulting firm that teaches us something new and valuable for ATOM