Hello, MCGA.
Firstly want to applaud the enthusiasm, as I mirror the energy.
- If the result of inflation being lowered to 10%, via “The ATOM halving” (prop#848), hasn’t help push user adoption, why would 2-4%? If it hasn’t been implemented already, why not completely remove the 7% minimum bound and have the CP tax increased? By Transitioning to 10%, we’ve seen:
• 2.0’s trojan horse advance and achieve Steady governance takeover
• ATOM’s stashed into separate, centralized treasury pools outside the Cosmos Hub
• increased control through leverage, such as through (risky/unproven) liquid staking - Lowering block times sound great
- Why can’t Permissionless CosmWasm exist and fully thrive outside the hub as an ICS chain? Not only would this continue to help promote ICS as a Cosmos Hub product, it would achieve the broader, collective mission to onboard users, maintain the integrity of the Cosmos Hub, all the while naturally accrue value back to ATOM.
Though the intention sounds great, this unfortunately sounds like yet another sly pivot to take from the staking incentive (earning transaction fee’s + rewards) to benefit the select few, ultimately making a mockery of the Cosmos Hub governance system.
Please help me understand, if i’m wrong.