I think EOS has 5% annual inflation. But EOS save 80% of inflation. What is purpose of this savings?
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>"But EOS save 80% of inflation" What do you mean by that?– John WilliamsonCommented Jun 11, 2018 at 12:26
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~1% inflation is paid to the BPs, ~4% inflation goes into the worker fund. These 4% inflation are 80% of the total inflation.– friedgerCommented Jun 12, 2018 at 8:49
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1 Answer
In the original white paper under Worker Proposal System you can find the description of a set of contracts which are funded by inflation and chosen by the community. As this system is not yet deployed, the funds that would go to them are being escrowed in a savings account so that they can be deployed to community chosen contracts at a later date IF the community elects to deploy such a system.
