CAP Draft | Disable Inflation Mechanism


Preamble

OrbitLens
OrbitLens
Jul 11 · 2 min read
Title: Disable Inflation Mechanism
Author: OrbitLens <orbit.lens@gmail.com>
Status: Draft
Created: 2019-07-10
Updated: 2019-07-10
Discussion: https://groups.google.com/forum/#!topic/stellar-dev/LIFvbMi9jPo

Simple Summary

This CAP removes the inflation mechanism.

Motivation

Inflation mechanism was originally planned as a simple way for users to support important ecosystem projects and keep the overall XLM supply slightly inflationary.

Abstract

Turning off inflation requires several changes in Stellar Core, namely Inflation and SetOptions operations behavior as well as fees processing routine. At the same time, it can be implemented without XDR changes and breaking protocol changes.

Specification

CAP requires the following Core behavior changes:

Design Rationale

The proposed approach does not require breaking protocol changes and allows turning on the inflation mechanism in the future if needed. Due to the simplicity of proposed changes, the implementation potentially should require minimum efforts.

Security Concerns

None.

Backwards Incompatibilities

This CAP contains no breaking changes and is fully backward compatible.

Questions

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