Inflation
Growth in token issuance over time under the network's reward mechanism.
In plain language
Vara's staking reward system can issue tokens while offset mechanisms and burns can reduce issuance.
Why it matters
Governance can change the target rate or remove accumulated offset balances.
Real Vara examples
| Referendum | Governance | Execution | Direct addresses |
|---|---|---|---|
| #56 Reduce Vara's target staking inflation from 6% to 5.5% This referendum reduced Vara's target staking inflation rate from 6% to 5.5%. | Executed | Dispatch succeeded | 40 |
| #58 Burn 22,526,355.840659541372 VARA from the inflation-offset pool This referendum burned the accumulated 22,526,355.840659541372 VARA inflation offset and returned total issuance to exactly 10 billion VARA. | Executed | Dispatch succeeded | 52 |