October 1, 2019

Stellar will disable the XLM inflation mechanism

We are removing the inflation feature in the upcoming protocol update because users are not using it for its intended purpose. It will also lead to the problem of scaling in the future.

Weekly generated XLM tokens (1% per year) were intended to support projects on the Stellar network by voting among users. Most users join in pools to receive payments to their accounts, rather than vote for useful projects.

We suggest that validators install a new version of the protocol. The network update will occur on October 28 at 19:00.

XLMwallet - https://xlmwallet.co/

https://medium.com/@stellar_wallet

https://www.reddit.com/user/Stellar__wallet