This topic has been created for the Eco Trustees to discuss the monetary policy that will be enacted on Friday October 13th. As always, the policy will be in effect for two weeks — this is for Generation 1025, which runs from September 29 - October 13.
Trustees are encouraged to post via replies under this topic to:
Discuss what policy they have proposed and/or are voting for, and why
Engage in public dialogue/debate with other Trustees
My general direction will remain the same - I will submit a high APR proposal (18%-20%) if no one else submits it first, and will rank the proposals by APR from highest to lowest. I will continue to push for higher rates as the current monetary policy does not result in holders locking their tokens.
As in previous cycles, I am in favour of us doing more experimentation in monetary policy.
I will support the high APR proposal once again this time, followed by the other proposals in descending order. This cycle we have a 20% APR proposal and an 11.2% APR proposal, followed by a few 7%-and-lower proposals, as usual.