Inflation in the Cosmos Ecosystem
By Arnab Ghose on 2022-04-11
We are quite familiar with what inflation is in real life. When the supply falls short of demand, the cost of goods and services increase, thus inflation. You can read more about inflation here. But what does it really mean in the world of Cosmos? Unlike real world, Inflation in Cosmos refers to the increase in minted tokens for each block, which are used to incentivize the stakeholders. Cosmos SDK allows us to set the parameters for initial inflation rate and the paramters related to it.