Celestia Founder Supports Proposal to Reduce $TIA Inflation Rate by 33%

In response to ENS developer @DeanEigenmann's suggestion to reduce the $TIA inflation rate by 33%, Celestia founder Mustafa Al-Bassam (@musalbas) expressed his support.

He stated that when the team initially decided on the $TIA inflation rate, they were replicating a simple model from Solana because they did not want to adopt Cosmos's 10% permanent inflation rate.

Currently, the community consensus is that the inflation rate is still too high, and Solana is also proposing to lower its inflation curve. Therefore, @musalbas believes it is the right time to adjust the $TIA inflation rate.

Moreover, he considers a 33% reduction in the inflation rate to be reasonable, significantly accelerating the decline of the inflation curve without impacting the security of the crypto economy.