Agoric
#116
PASSED
Adjust Mint Inflation Bounds to 2–3% Annual Range
Proposal Type: Mint Parameter Change
Submitted On:
March 2, 2026 at 4:02 PM
Submitted By:
Deposit:
5,000 BLD
Proposal Contents (*the original text from the proposer)
This proposal updates Agoric’s mint module parameters as follows:
inflation_min → 0.02
inflation_max → 0.03
inflation_rate_change → unchanged (0.13)
goal_bonded → unchanged (0.67)
Current on-chain state: • Inflation: ~5% • Bonded ratio: ~37–40% • Annual issuance: ~53M BLD
Under a 2–3% inflation range at current bonded levels: • Net staking APR remains approximately 6–7% • Annual emissions decline to ~32M BLD • Structural issuance reduces by ~21M BLD per year
The objective is to reduce persistent structural issuance, align monetary policy with current participation realities, and improve long-term economic stability while adoption develops.
This proposal does not interfere with Ymax rollout, product iteration, or subsidy programs. Product growth and emission discipline can operate in parallel.
Community discussion: https://community.agoric.com/t/enforce-a-hard-supply-cap-and-reduce-staking-emissions-to-strengthen-bld
Voting Results
Status: Quorum Met
(48.45% of the required 33.40%)
Tokens Voted
210,247,299
Yes
171,717,935
81.7%
No
0
0.0%
No With Veto
0
0.0%
Abstain
38,529,364
18.3%
Vox Populi
Community discussions related to the proposal.
There do not appear to be any discussions on this proposal at this time.
Proposal Status
Voting Period
Opened
Mar 2, 2026, 4:02 PM
Closes
Mar 5, 2026, 4:02 PM
Duration
3 days
QuorumQuorum Met
Quorum Required33.4%
Eligible Voting Power448,941,607
Current Participation
48.45%
(210,247,299 votes)
Outcome
PASSED
Projected Outcome
N/A
Vote Distribution
210,247,299
Total Votes
Yes
171,717,935
81.7%
No
0
0.0%
No With Veto
0
0.0%
Abstain
38,529,364
18.3%
Participation Analysis
No voting velocity data available
Voting Comparison
Compare how addresses voted versus how tokens were voted to identify sentiment vs. voting power disconnects
Voting Alignment Analysis
Addresses = % of wallets; Tokens = % of voting power. A large gap means sentiment and power don't align.
Addresses
Tokens
Abstain
15.7% tokensSignificant Disconnect
Addresses lead0Tokens lead
2.6%addresses
tokens18.3%
Power concentration: 15.7% more tokens support this than address count suggests
Yes
15.7% addressesSignificant Disconnect
Addresses lead0Tokens lead
97.4%addresses
tokens81.7%
Popular sentiment: 15.7% more addresses support this than token holdings suggest
No
Aligned
Addresses lead0Tokens lead
0.0%addresses
tokens0.0%
Well aligned: Address and token voting are consistent
No With Veto
Aligned
Addresses lead0Tokens lead
0.0%addresses
tokens0.0%
Well aligned: Address and token voting are consistent
Voting By Address
Yes
111
97.4%
No
0
0.0%
No With Veto
0
0.0%
Abstain
3
2.6%
Voting By Token Holdings
Yes
171,717,935
81.7%
No
0
0.0%
No With Veto
0
0.0%
Abstain
38,529,364
18.3%
Voting Power Status
Power Expended %
46.8%
Remaining Uncast Validator Power %
53.2%
Current Turnout %
46.8%
Quorum Gap %
0.0%
YesAbstainRemaining uncast
Validator vs Non-Validator Voting Split
Validator-originated votes
No votes
Total: 0
Recorded non-validator votes
Total: 114
- Yes111 (97.4%)
- Abstain3 (2.6%)
Largest Unvoted Validators
alkadeta - 1% Fee Forever62,770,150,440,361 (9.8%)
DokiaCapital62,606,494,042,884 (9.8%)
GoodTeam53,784,244,017,497 (8.4%)
polkachu.com43,546,441,214,608 (6.8%)
TheNop.io25,812,562,517,162 (4.0%)
Nodes.Guru23,871,182,523,436 (3.7%)
Bro_n_Bro22,957,156,201,498 (3.6%)
[Shutting down] cosmostation please redelegate21,741,471,682,992 (3.4%)
Sunsetting please undelegate20,825,267,512,692 (3.3%)
Figment20,244,438,860,939 (3.2%)
Validator Voting Detail
Resolving validator votes…Status:
Vote:
| Validator | Voting Power | % of Bonded | Status | Vote Choice |
|---|---|---|---|---|
| alkadeta - 1% Fee Forever | 62,770,150,440,361 | 9.8% | Not Voted | — |
| DokiaCapital | 62,606,494,042,884 | 9.8% | Not Voted | — |
| GoodTeam | 53,784,244,017,497 | 8.4% | Not Voted | — |
| polkachu.com | 43,546,441,214,608 | 6.8% | Not Voted | — |
| TheNop.io | 25,812,562,517,162 | 4.0% | Not Voted | — |
| Nodes.Guru | 23,871,182,523,436 | 3.7% | Not Voted | — |
| Bro_n_Bro | 22,957,156,201,498 | 3.6% | Not Voted | — |
| [Shutting down] cosmostation please redelegate | 21,741,471,682,992 | 3.4% | Not Voted | — |
| Sunsetting please undelegate | 20,825,267,512,692 | 3.3% | Not Voted | — |
| Figment | 20,244,438,860,939 | 3.2% | Not Voted | — |
| AutoStake 🛡️ Slash Protected | 18,145,368,257,923 | 2.8% | Not Voted | — |
| Simply Staking | 14,404,292,188,948 | 2.2% | Not Voted | — |
| TAKING DOWN. REDELEGATE | 11,031,386,864,100 | 1.7% | Not Voted | — |
| Stakecito Labs | 10,894,511,459,950 | 1.7% | Not Voted | — |
| Encapsulate (fka KingSuper) | 8,853,582,047,627 | 1.4% | Not Voted | — |
| P-OPS Team | 7,964,468,612,811 | 1.2% | Not Voted | — |
| 01node | 7,817,853,978,386 | 1.2% | Not Voted | — |
| iqlusion | 7,631,084,834,289 | 1.2% | Not Voted | — |
| kjnodes.com 🦄 | 7,252,356,923,603 | 1.1% | Not Voted | — |
| Solva (CryptoCrew) | 7,233,213,983,604 | 1.1% | Not Voted | — |
| VALIDARIOS | 7,077,809,890,994 | 1.1% | Not Voted | — |
| Tessellated | 7,038,644,216,283 | 1.1% | Not Voted | — |
| DSRV | 6,726,584,955,476 | 1.0% | Not Voted | — |
| pathrocknetwork | 6,685,543,702,595 | 1.0% | Not Voted | — |
| POSTHUMAN 🧬 StakeDrop | 6,512,238,000,671 | 1.0% | Not Voted | — |
| Provalidator | 5,881,110,442,131 | 0.9% | Not Voted | — |
| StakeCraft | 5,421,484,236,839 | 0.8% | Not Voted | — |
| GlibxNodes | 5,346,675,105,425 | 0.8% | Not Voted | — |
| 0xFury | 5,130,315,301,212 | 0.8% | Not Voted | — |
| Sunsetted Validator | Please Redelegate | 4,753,666,390,008 | 0.7% | Not Voted | — |
| StakeAngle | 4,430,469,006,119 | 0.7% | Not Voted | — |
| SHUTTING DOWN PLEASE REDELEGATE UNTIL 1 MARCH 2026 Alchemist Stake | 4,409,380,990,737 | 0.7% | Not Voted | — |
| Encapsulate | 4,139,746,325,362 | 0.6% | Not Voted | — |
| Sunsetting - Please redelegate | 4,053,549,755,755 | 0.6% | Not Voted | — |
| [Sunsetting on Jan 24 - please redelegate] | 3,890,821,125,570 | 0.6% | Not Voted | — |
| wave | 3,655,850,078,373 | 0.6% | Not Voted | — |
| ZanshinDojo | 3,448,575,528,976 | 0.5% | Not Voted | — |
| Serhio911 | 3,260,651,953,633 | 0.5% | Not Voted | — |
| STAKEME | 3,256,380,282,609 | 0.5% | Not Voted | — |
| w3coins | 3,252,598,342,208 | 0.5% | Not Voted | — |
| NodeStake | 3,127,951,501,060 | 0.5% | Not Voted | — |
| qubelabs | 3,012,589,345,013 | 0.5% | Not Voted | — |
| InfStones | 2,803,711,963,348 | 0.4% | Not Voted | — |
| Hindsight | 2,670,002,565,447 | 0.4% | Not Voted | — |
| 0XGenesisBlock | 2,601,794,018,775 | 0.4% | Not Voted | — |
| Chainp2p | 2,508,370,200,497 | 0.4% | Not Voted | — |
| shutdown, pls redelegate [OmniFlix Network] | 2,405,553,955,718 | 0.4% | Not Voted | — |
| KalpaTech | 2,396,896,702,514 | 0.4% | Not Voted | — |
| Let's Node! (restake.app compatible) | 2,370,610,143,428 | 0.4% | Not Voted | — |
| Enigma | 2,273,096,599,609 | 0.4% | Not Voted | — |
| Inotel | 2,256,363,252,311 | 0.4% | Not Voted | — |
| Frens (🤝,🤝) | 2,237,020,841,336 | 0.3% | Not Voted | — |
| 🌐 KysenPool Build 🏗️ | 2,200,008,863,413 | 0.3% | Not Voted | — |
| [Sunsetting, please redelegate] Informal Systems | 2,162,482,656,303 | 0.3% | Not Voted | — |
| Shutting down - PLEASE REDELEGATE before 2026/01/10 | 2,090,183,356,200 | 0.3% | Not Voted | — |
| Envelop | GodsHunter | 1,795,298,943,988 | 0.3% | Not Voted | — |
| CryptoSailors | 1,754,114,073,098 | 0.3% | Not Voted | — |
| hiretrade | 1,701,145,249,873 | 0.3% | Not Voted | — |
| Stakely.io - Please Redelegate | 1,642,298,132,508 | 0.3% | Not Voted | — |
| Chainflow | 1,624,659,174,271 | 0.3% | Not Voted | — |
| Bitscale Labs | 1,536,106,411,887 | 0.2% | Not Voted | — |
| ALTER | 1,505,771,004,126 | 0.2% | Not Voted | — |
| ushakov | 1,407,641,729,800 | 0.2% | Not Voted | — |
| Colinka | 1,370,632,809,923 | 0.2% | Not Voted | — |
| Syd - SUNSETTING - Please redelegate | 1,322,359,107,950 | 0.2% | Not Voted | — |
| STC Capital | 1,284,133,906,218 | 0.2% | Not Voted | — |
| PDP_Validator | 1,267,712,691,330 | 0.2% | Not Voted | — |
| 0base.vc | 1,240,565,076,870.287 | 0.2% | Not Voted | — |
| StakeService | 1,229,471,322,879 | 0.2% | Not Voted | — |
| BlockHunters 🎯 | 1,202,167,289,039 | 0.2% | Not Voted | — |
| Wanderer Staking | 1,201,536,169,178 | 0.2% | Not Voted | — |
| FairStaking | 1,201,256,761,105 | 0.2% | Not Voted | — |
| Nodeasy.com | 1,115,644,149,447 | 0.2% | Not Voted | — |
| MoonletWallet | 1,109,205,512,825 | 0.2% | Not Voted | — |
| private | 1,058,576,067,350 | 0.2% | Not Voted | — |
| shutdown | 1,015,770,800,449 | 0.2% | Not Voted | — |
| Kalia Network | 1,010,545,473,441 | 0.2% | Not Voted | — |
| Vixello | 1,008,069,042,418 | 0.2% | Not Voted | — |
| onchain | 1,000,474,528,131 | 0.2% | Not Voted | — |
| Shon1256 | 1,000,037,802,479 | 0.2% | Not Voted | — |
| UNSTAKE/RE-DELEGATE | 891,308,409,291 | 0.1% | Not Voted | — |
| stakefish | 861,363,428,426 | 0.1% | Not Voted | — |
| Lemniscap | 770,756,478,521 | 0.1% | Not Voted | — |
| QuantNode | 765,181,938,631.408 | 0.1% | Not Voted | — |
| Sunsetting - please redelegate | 752,520,813,821 | 0.1% | Not Voted | — |
| gumi | 561,151,762,574 | 0.1% | Not Voted | — |
| Illuminati | 547,910,007,848 | 0.1% | Not Voted | — |
| OracleGen | 505,734,351,169 | 0.1% | Not Voted | — |
| Imperator.co | 503,281,216,817 | 0.1% | Not Voted | — |
| Unstaking- please redelegate | 485,037,079,662 | 0.1% | Not Voted | — |
| GiantWhale | 475,590,415,007 | 0.1% | Not Voted | — |
| WolfEdge | 434,386,117,040 | 0.1% | Not Voted | — |
| Deprecated Validator | 384,176,978,026 | 0.1% | Not Voted | — |
| PLEASE REDELEGATE - CLOSED | ChainodeTech | 382,673,564,478 | 0.1% | Not Voted | — |
| MOVE_TO_OTHER_VALIDATOR | 348,037,861,590 | 0.1% | Not Voted | — |
| Elf_P_DAO | 308,115,445,465 | 0.0% | Not Voted | — |
| bakarapara | 297,712,952,140 | 0.0% | Not Voted | — |
| johndoe | 261,735,232,291 | 0.0% | Not Voted | — |
| Undelegate please | 259,091,264,845 | 0.0% | Not Voted | — |
| closing - please redelegate | 234,759,346,200 | 0.0% | Not Voted | — |
| AlphaBravo | 233,715,249,874 | 0.0% | Not Voted | — |
| Sunsetting: Please delegate away | 219,046,114,822 | 0.0% | Not Voted | — |
| EarnX💗Stake | 213,950,235,819 | 0.0% | Not Voted | — |
| blackpaopao | 213,276,415,931 | 0.0% | Not Voted | — |
| BlockShark | 207,604,033,156 | 0.0% | Not Voted | — |
| Agaram.ai | 204,309,914,310 | 0.0% | Not Voted | — |
| cheoa | 203,260,782,176.663 | 0.0% | Not Voted | — |
| Validatrium. Inactive - redelegate please | 202,618,131,355 | 0.0% | Not Voted | — |
| StakeTarget | 202,184,674,454 | 0.0% | Not Voted | — |
| ppx | 201,545,081,145 | 0.0% | Not Voted | — |
| AUDI | 200,017,672,765 | 0.0% | Not Voted | — |
| Redelegate-your-funds | 200,006,662,072 | 0.0% | Not Voted | — |
| ITpro🚀 | 158,095,401,046 | 0.0% | Not Voted | — |
| Please undelegate | 140,489,201,790 | 0.0% | Not Voted | — |
| Piggy Bank | High yield | 131,921,082,272 | 0.0% | Not Voted | — |
| Shutting Down - Please redelegate. | 49,740,297,234 | 0.0% | Not Voted | — |
| 🔥STAVR🔥 REStake ON✅ | 32,428,562,957 | 0.0% | Not Voted | — |
| [Sunsetting, please redelegate] Forbole | 21,324,978,159 | 0.0% | Not Voted | — |
| smollthing | 15,666,666,666 | 0.0% | Not Voted | — |
| Shutdown - please redelegate | 15,362,221,027 | 0.0% | Not Voted | — |
| MonkeyDao | 10,474,664,800 | 0.0% | Not Voted | — |
| Overclock Labs | 6,901,607,792 | 0.0% | Not Voted | — |
| AnyStake | 6,300,313,028 | 0.0% | Not Voted | — |
| Dora Factory | 5,640,544,602 | 0.0% | Not Voted | — |
| node101 | 5,285,718,445 | 0.0% | Not Voted | — |
| <dora factory decommissioned> | 3,963,311,907 | 0.0% | Not Voted | — |
| SACTE | 3,750,000,000 | 0.0% | Not Voted | — |
| KruGGoK-StakesNodes | 2,780,000,000 | 0.0% | Not Voted | — |
| StakeItWell | 2,750,000,000 | 0.0% | Not Voted | — |
| OranG3cluB | 2,684,229,838 | 0.0% | Not Voted | — |
| AlxVoy ⚡ ANODE.TEAM | 2,148,925,401 | 0.0% | Not Voted | — |
| VALIDEXIS | 1,470,703,179 | 0.0% | Not Voted | — |
| 𝐕𝐚𝐠𝐢𝐟 | 1,300,945,314 | 0.0% | Not Voted | — |
| [DECOMMISSIONED] AUDIT.one | 1,290,028,728 | 0.0% | Not Voted | — |
| TienThuatToan | 944,787,327 | 0.0% | Not Voted | — |
| OWALLET | 925,556,838 | 0.0% | Not Voted | — |
| Consensus One | 657,855,629 | 0.0% | Not Voted | — |
| Foxinodes | 457,370,759 | 0.0% | Not Voted | — |
| Dora Factory PGS | 418,000,001 | 0.0% | Not Voted | — |
| coolex | 310,000,000 | 0.0% | Not Voted | — |
| PanteraStaking - 0% Commission | 250,607,490 | 0.0% | Not Voted | — |
| ElectricCoinCo | 200,032,921 | 0.0% | Not Voted | — |
| p10node | 160,000,000 | 0.0% | Not Voted | — |
| AgoricOpCo | 100,000,000 | 0.0% | Not Voted | — |
| DONT DELEGATE | 81,703,181 | 0.0% | Not Voted | — |
| asddddasd | 71,076,843 | 0.0% | Not Voted | — |
| zkvalidator | 69,438,836 | 0.0% | Not Voted | — |
| Astrovault | 63,569,448 | 0.0% | Not Voted | — |
| polican | 50,000,000 | 0.0% | Not Voted | — |
| Rise In by Patika.dev | 30,036,464 | 0.0% | Not Voted | — |
| Indonode | 30,000,000 | 0.0% | Not Voted | — |
| StakeRun | 25,994,325 | 0.0% | Not Voted | — |
| Chandra Station | 11,000,000 | 0.0% | Not Voted | — |
| Hype INFRA | 10,063,345 | 0.0% | Not Voted | — |
| Kosmos.vc x Chorus One | 7,941,852 | 0.0% | Not Voted | — |
| Alex845 | 6,063,350 | 0.0% | Not Voted | — |
| Another.Software | We support OSS | $ASVT airdrops to delegators | 6,063,350 | 0.0% | Not Voted | — |
| gumi-second | 6,063,350 | 0.0% | Not Voted | — |
| Snow Fall | 5,703,181 | 0.0% | Not Voted | — |
| kooltek68 | 2,099,000 | 0.0% | Not Voted | — |
| CoinList | 2,000,000 | 0.0% | Not Voted | — |
| anon-2 | 2,000,000 | 0.0% | Not Voted | — |
| unstake | 2,000,000 | 0.0% | Not Voted | — |
| cheo | 1,051,015 | 0.0% | Not Voted | — |
| infstones.com | 1,009,000 | 0.0% | Not Voted | — |
| .agaric | 1,000,000 | 0.0% | Not Voted | — |
| Coin Metrika | 1,000,000 | 0.0% | Not Voted | — |
| GWtest | 1,000,000 | 0.0% | Not Voted | — |
| Maxfil | 1,000,000 | 0.0% | Not Voted | — |
| Munay Network | 1,000,000 | 0.0% | Not Voted | — |
| NODEJUMPER | 1,000,000 | 0.0% | Not Voted | — |
| Node | 1,000,000 | 0.0% | Not Voted | — |
| Nodiums | 1,000,000 | 0.0% | Not Voted | — |
| OFFLINE: REdelegate | 1,000,000 | 0.0% | Not Voted | — |
| SegaStakers | 1,000,000 | 0.0% | Not Voted | — |
| SerGo | 1,000,000 | 0.0% | Not Voted | — |
| Stakewithjenni.com | 1,000,000 | 0.0% | Not Voted | — |
| TC Network | 1,000,000 | 0.0% | Not Voted | — |
| Ubik Capital 0%Fee | 1,000,000 | 0.0% | Not Voted | — |
| Va1id8 | 1,000,000 | 0.0% | Not Voted | — |
| Vault Staking | 1,000,000 | 0.0% | Not Voted | — |
| bitszn | 1,000,000 | 0.0% | Not Voted | — |
| coinhall.org 📈🔄 | 1,000,000 | 0.0% | Not Voted | — |
| dimkanode | 1,000,000 | 0.0% | Not Voted | — |
| isavazh | istake | 1,000,000 | 0.0% | Not Voted | — |
| master | 1,000,000 | 0.0% | Not Voted | — |
| node | 1,000,000 | 0.0% | Not Voted | — |
| secard | 1,000,000 | 0.0% | Not Voted | — |
| skynodejs | 1,000,000 | 0.0% | Not Voted | — |
| strangelove | 1,000,000 | 0.0% | Not Voted | — |
| Maple Nodes | 32,908 | 0.0% | Not Voted | — |
| MELLIFERA | 15,833 | 0.0% | Not Voted | — |
| noDelegate | 10,000 | 0.0% | Not Voted | — |
| sebytza05 | 900 | 0.0% | Not Voted | — |